Updated:04:03 PM EST Jan 21


this is ggmania.com subsite Coinbase halts trading of XRP following SEC suit against Ripple - TechAmok

Coinbase halts trading of XRP following SEC suit against Ripple - [briefly]
04:44 AM EST - Dec,29 2020 - post a comment

Coinbase announced today that it is halting all trades of XRP on its cryptocurrency exchange, according to an official blog post. Certain kind of trades became restricted today, and the full suspension will go into place January 19th, 2021 at 10:00AM PT. Coinbase is the largest cryptocurrency exchange, and suspending a currency like XRP naturally casts doubt on the currency's future, even before the SEC lawsuit over it is settled. Coinbase says it made the decision to suspend XRP "in light" of the suit the US Securities and Exchange Commission (SEC) filed against XRP's original creator, Ripple. With the suspension in place, people will no longer be able to trade XRP on Coinbase, though they will still be able to deposit and withdraw from their XRP wallets. In the suit that started it all, the SEC's main concern is what an XRP actually is. The SEC claims XRP is a security and should be treated as such. That means Ripple's former CEO and current CEO should have been responsible for disclosing a variety of additional information necessary to access the risks of XRP before anyone invested. Ripple, of course, believes the opposite. In Ripple's opinion, XRP is a currency, and so it doesn't fall under the jurisdiction of the SEC.

Short overview of recent news articles

AMD 21.1.1 Adrenalin driver (Jan,21 2021 )

Former Ripple Advisor Expected to Lead OCC Under Biden (Jan,21 2021 )

Will altcoins like XRP, Monero, Zcash see comeback to pre-2018 (Jan,21 2021 )

Pornhub adds XRP, BNB, USDC, and DOGE to its payment options (Jan,20 2021 )

At Least 25% of Value Deployed in DeFi Will Move Away from Ethereum (Jan,20 2021 )

Brave private browser integrates IPFS support to desktop version (Jan,20 2021 )

Ripple pins hopes on Biden administration as co-founder sells 28M (Jan,20 2021 )

Malwarebytes says it was targeted by SolarWinds hackers too (Jan,20 2021 )

DuckDuckGo Search Engine Surpasses 100 Million Daily Searches (Jan,20 2021 )

TOP UPCOMING SCI-FI MOVIES 2021 (Jan,18 2021 )

Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC (Jan,18 2021 )

Ripple price analysis: XRP hints at a massive breakout to $0.40 (Jan,18 2021 )

For All Mankind S2 trailer (Jan,18 2021 )

Goldman Sachs to Enter Crypto Market 'Soon' (Jan,17 2021 )

Apple extends free TV+ trials (Jan,16 2021 )

US Fed: CBDC a very high priority to combat bad private sector money (Jan,16 2021 )

WhatsApp delays the enforcement of its new privacy terms by 3 months (Jan,15 2021 )

Almost 100 Million XRP Shifted by Ripple, Bitfinex and Coinbase (Jan,15 2021 )

Ripple Unveils Plans To Expand Its Presence In Europe (Jan,15 2021 )

RMY OF THE DEAD Trailer Teaser (2021) (Jan,15 2021 )

OCC Chief Brian Brooks Is Stepping Down Thursday (Jan,14 2021 )

CHERRY Official Trailer (2021) Tom Holland (Jan,14 2021 )

Samsung's Galaxy S21 Flagships are Prettier and More Affordable (Jan,14 2021 )

BLISS Official Trailer (2021) (Jan,13 2021 )

Japan's FSA Says XRP Not a Security: Report (Jan,13 2021 )

Grayscale starts dissolving XRP trust after SEC deems XRP a security (Jan,13 2021 )

GeForce RTX 3060 in February 2020 (Jan,13 2021 )

Gensler Said to Be Named SEC Chairman: Reuters (Jan,13 2021 )

Intel's Rocket Lake-S Core i9-11900K CPU benchmarked (Jan,12 2021 )

Mark Cuban: crypto trading is exactly like the internet stock bubble (Jan,12 2021 )

Bitcoin plummets by the most since March (Jan,11 2021 )

$2.4 Billion Worth of BTC, ETH, XRP, and Other Coins Liquidated (Jan,11 2021 )

Space Sweepers - Official Teaser (Jan,10 2021 )

XRP Climbs 10% In Bullish Trade (Jan,10 2021 )

Inside Iceland's Massive Bitcoin Mine (Jan,10 2021 )

Telegram feature exposes your precise address to hackers (Jan,09 2021 )

Donald Trump has been permanently banned from Twitter (Jan,09 2021 )

Storming of The US Capitol In Washington DC (Jan,09 2021 )

WhatsApp privacy fiasco, recommends Skype instead (Jan,09 2021 )

Ripple, Chris Larsen and Coinbase Transfer Whopping 520 Million XRP (Jan,09 2021 )

Ripple CTO says banks can issue stablecoins on XRPL (Jan,09 2021 )

Hackers can clone Google Titan 2FA keys (Jan,08 2021 )

Apple allegedly working with Hyundai (Jan,08 2021 )

The Difference Between A Baby Boomer And A Millennial (Jan,08 2021 )

Bitcoin's Market Value Now Exceeds That of Facebook (Jan,08 2021 )

Get Crying Suns for Free (Jan,08 2021 )

Bitcoin hits $40,000 but will the bull run continue? (Jan,08 2021 )

US Dollar Crashes To USD 40,000 per Bitcoin (Jan,08 2021 )

NVIDIA Releases GeForce 461.09 WHQL Drivers (Jan,07 2021 )

XRP Rallies While Bitcoin Nears USD 38K & Total Market Cap Smashes (Jan,07 2021 )

>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs