XRP

Japan’s top securities regulator says XRP is not a security

Japan’s top securities regulator says XRP is not a security

Japan’s Financial Services Agency (FSA), the country’s securities regulator, has confirmed to The Block that it views XRP as a cryptocurrency and not as a security. The question has become relevant recently in light of the U.S. Securities and Exchange Commission’s allegation that by selling XRP the firm engaged in sales of unregistered securities — …

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Coinbase faces class action lawsuit in California over XRP sale

Coinbase faces class action lawsuit in California over XRP sale

A new lawsuit in California federal court alleges that Coinbase violated the state’s unfair competition laws by making a commission from the sale of Ripple’s XRP. Ripple was recently sued by the Securities and Exchange Commission (SEC) for allegedly issuing XRP as an unregistered securities offering. The new class-action suit was filed by Thomas Sandoval, …

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Bittrex delists XRP in wake of SEC proceedings against Ripple

Bittrex delists XRP in wake of SEC proceedings against Ripple

It looks like the fate of XRP continues to wane as yet another exchange suspended trading of Ripple’s native crypto today. Crypto exchange Bittrex said that it has paused XRP trading, because of the US Securities and Exchange Commission accusing Ripple as well as co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over …

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Bitstamp to halt trading of XRP for US customers

Crypto market maker B2C2 halts XRP trading with US counterparties

In the wake of the Securities and Exchange Commission’s lawsuit against Ripple, crypto market-making firm B2C2 halted the trading of XRP with U.S.-based counterparties on Thursday, a representative of the firm confirmed to The Block.  As one of the largest market-making firms in the crypto market, B2C2 operates in the U.S. through B2C2 USA. The …

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