Coinbase announced to suspend xrp Trading permanently
After the SEC’s lawsuit against Ripple Labs, Inc, the USA headquartered biggest cryptocurrency exchange Coinbase Announced to suspend the trading of all xrp pairs permanently on their exchange platform, reported on 29 December 2020.
Basically, Coinbase decided to limit the trading of xrp pairs as of now but they will permanently suspend the xrp trading on 19 January 2021 at 10:00 am PST(Pacific Standard Time).
Coinbase also reported that the users will allows to use other wallet services like deposit and withdraw even after the suspension of xrp trading pairs and Coinbase also committed that their wallet custody and Coinbase wallet services support will available for the xrp in future as well.
As the xrp airdrop of flare token was done previously on 12 December 2020, so all the eligible users for the airdrop will not affected by it.
Previously, SEC ( security and exchange commission) of USA announced charges against Ripple, see following link:
SEC charges Ripple and two executives with conducting $1.3 billion unregistered securities offering https://t.co/3VP23RpSyV
— SEC_News (@SEC_News) December 22, 2020
