Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
Cryptocurrency exchange Bitstamp said it’s halting XRP trading and deposits for all U.S. customers on Jan. 8, 2021, because of the U.S. Securities and Exchange Commission’s recent filing, alleging XRP is a security.
- U.S. customers will be able to withdraw their XRP even after trading is halted, Bitstamp said.
- Other countries are not affected, Bitstamp said.
- Bitstamp is the first major U.S.-based cryptocurrency exchange to take action against XRP in response to the SEC’s lawsuit.
Related Posts


Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid
news Stephen Moore, who recently rescinded his bid to join the Federal Reserve, announced plans to start his own cryptocurrency-based mini-Fed – billed as “the world’s decentralized central bank,” according to Fox Business. A pitch deck sent exclusively to Fox allegedly said Moore has teamed with a group of unnamed entrepreneurs to develop a “central…

Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns
Nov 3, 2020 at 13:49 UTCUpdated Nov 3, 2020 at 14:43 UTCAnt Group and Alibaba founder Jack Ma(Frederic Legrand - COMEO/Shutterstock)Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns[UPDATED] Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment…

Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
Jul 22, 2020 at 20:31 UTCSource: CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply SkyrocketsBitcoin’s performance the past 24 hours is flat as the world’s oldest cryptocurrency loses ground from Tuesday’s jump to over $9,400. Bitcoin (BTC) trading around $9,378 as of 20:00 UTC (4 p.m. EDT). Gaining…

Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course
Web3 infrastructure company Upstream will soon release My First DAO, an online class to teach students what tools they need to build a decentralized autonomous organization (DAO).The 24-week course will hold workshops about tokenomics, governance structures and compliance concepts that will help crypto-curious individuals in building autonomous online communities.My First DAO will use a “learn…

ECB Finalizes Digital Euro Prototypes as Development Decision Looms
The European Central Bank (ECB) has finalized prototypes for a digital euro as it prepares to take a decision later this year over whether to develop the EU's fiat currency in a new format, according to reports released on Friday.The ECB says its potential central bank digital currency (CBDC) can be designed to boost innovation…

BlackRock’s Bitcoin ETF Nears 200K BTC, Passing Michael Saylor’s MicroStrategy
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin (BTC) than MicroStrategy (MSTR).According to the fund's latest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent public statements from MicroStrategy show the company as of Feb. 26 held 193,000

Bitcoin Surges to New Record Over $93K as Strong U.S. Demand Crushes Resistance Level
Bitcoin blasted through the $90,000 resistance level early in the U.S. trading day and then quickly pushed even higher to top $93,000. The surge was fueled by heavy demand, with the Coinbase Premium Index at its highest level since April. Blackrock's iShares Bitcoin ETF (IBIT) was the fourth-most traded product across all ETFs, with $1.2

Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38M
Some 600,000 wallets have conducted over 700,000 transactions on the Shibarium network a week after a botched launch was solved, showing signs of resilience among the platform’s loyal supporters.Token withdrawals out of the Shibarium bridge are now live and available to users, weeks after a much-hyped launch quickly fizzled out after being riddled with software