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OKCoin seneste børs for at suspendere XRP-handel og indskud

Crypto exchange OKCoin announced it would suspendXRP trading and deposits following the news that the United States Securities and Exchange Commission would be pursuing legal action against Ripple.

In a blog post released today, OKCoinsagde dens “best course of actionin response to the recent SEC lawsuit would be to suspend trading and deposits of XRP. The exchange wrote that the suspension would take place over two days. Users who borrowed XRP/USD through OKCoinare required to return the borrowed valuebefore Jan. 3. The following day, the exchange will suspend spot trading, margin trading and deposits for XRP.

It is likely that this situation will take time to reach a resolution,” said the OKCoin blog post. “We will proactively inform our customers when we have information that may change our position.

OKCoin’s position comes following the SEC unveiling charges against Ripple as well as CEO Brad Garlinghouse and co-founder Chris Larsen on Dec. 22. The commission alleges that the firm and its executives engaged in anunregistered, ongoing digital asset securities offeringto investors since 2013 through sales of the XRP token. Garlinghouse responded by ordsprog the SECvoted to attack cryptoand was doingthe opposite of ‘fostering innovation'in the United States.

Since news of the SEC charges broke, the price of XRP has fallen more than 36% som some exchanges have announced they will halt trading for the token, including OSL, Beaxy and CrossTower. Digital asset exchange Bitstamp is also planning tosuspend XRP trading, but only for users based in the United States. Imidlertid, suspending XRP on OKCoin — rangeret at number 29, according to CoinMarketCap — may be a precursor for large exchanges to follow.

På tidspunktet for offentliggørelsen, the price of XRP was $0.28, having fallen 3.5% in the last 24 timer.

Artikel af Cointelegraph

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