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


Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
Private equity firm Aurum Equity Partners said Tuesday it is launching a $1 billion tokenized equity and debt fund on the XRP Ledger (XRP) network, an enterprise-focused blockchain closely associated with Ripple. The fund focuses on investments in data centers across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, and it is claimed

Brazil’s Largest Crypto Exchange Mercado Bitcoin to Issue 2 Renewable Energy Tokens: Report
Mercado Bitcoin, Brazil’s largest crypto exchange, reached an agreement with Brazilian energy trader Comerc to release two renewable energy tokens, Reuters reported Wednesday.The first token will work as a cashback for Comerc customers who generate renewable energy through its distributed generation system, Sou Vagalume. The company plans to allow the purchase of the token for…

Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations
Nov 27, 2020 at 3:21 p.m. UTCTreasury Secretary Steven T. Mnuchin (Toni L. Sandys-Pool/Getty Image)Industry Pros Weigh In on Rumors of New Crypto Wallet RegulationsRecent rumors about U.S. regulation of private, self-hosted crypto wallets have some compelling context.For example, the proposal submitted last month by U.S. authorities to lower the anti-money laundering (AML) threshold for…

The Investor’s Perspective on the Bitcoin Taproot Upgrade
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 CoinDesk

U.S. Election Betting: Court Clears Kalshi Congressional Contracts
With a month to go before the U.S. election, prediction market Kalshi just got cleared to resume listing its contracts on which party will control each house of Congress. On Tuesday, the U.S. Court of Appeals for the District of Columbia denied a motion by the Commodity Futures Trading Commission to halt the contracts pending

Israel Consults Public on DAO Regulation, Sets Up Special Examination Team
The Israeli government has set up a special examination team to explore the regulation of decentralized governance organizations, known as DAOs, and will be consulting the public on the matter until September, according to an official announcement.The team, headed by the Chief Economist at the Ministry of Finance and the Head of the Corporations and…

The U.S. Response to Binance Exec Tigran Gambaryan’s Detention Is Shameful
In late February of this year, two Binance employees were detained by Nigerian officials without notice or a public announcement of charges. In the weeks that followed, Nigerian prosecutors charged the two with money laundering and tax offenses that are entirely divorced from the personal conduct of either man. One of those Binance employees, Tigran

India’s Defense Minister Touts Blockchain, AI Role in Warfare
news India’s defense minister believes blockchain technology is the next step in contemporary warfare. Speaking at an 80-nation plus envoy roundtable Monday before the country’s DefExpo 2020 conference this coming February, defense minister Rajnath Singh said blockchain, artificial intelligence and big data are needed for next iteration of combat, according to The Times of India.…