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Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

bitstamp-to-halt-xrp-trading,-deposits-in-us-due-to-sec-lawsuit

Bitstamp CEO and founder Nejc Kodrič
(Bitstamp)

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.

  • Other countries are not affected, Bitstamp said.

This story is developing and will be updated.
Read also: An SEC Victory in Ripple Case Would Render XRP ‘Untradeable,’ Market Pros Say

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