Small Exchanges Remove Ripple

osl exchanges remove ripple xrp dec 2020 768x422

Some regulated exchanges have already began removing XRP with Beaxy, which handles just $100,000 in trading volumes, stating: “The SEC has charged Ripple with conducting an unregistered security sale. Due to this, Beaxy has halted trading for XRP pending further news. XRP withdrawals will remain enabled until further notice.” CrossTower handles a bit more, close to $1 million. “CrossTower made the decision to remove XRP from its US-based trading platform – effective immediately,” it said. While OSL claims to be a leading digital assets platform providing SaaS, brokerage, custody and exchange products licensed in Hong Kong. Their volumes aren’t available, but the exchange said “we have suspended all XRP payment in and trading services on the OSL platform, effective immediately and until further notice.” This might be just the beginning for XRP after SEC announced charges against Ripple Inc. The latter has previously announced numerous partnerships with banks which may…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE