Cryptocurrency Q&A Why is XRP getting delisted?

Why is XRP getting delisted?

HanbokElegance HanbokElegance Wed Dec 04 2024 | 6 answers 1424
I've heard that XRP is getting delisted from some exchanges and I'm wondering why. Is it because of some legal issues or regulatory concerns? Or is it simply not performing well in the market? Why is XRP getting delisted?

6 answers

Dario Dario Fri Dec 06 2024
Despite these legal challenges, Coinbase has chosen to relist XRP, indicating its confidence in the cryptocurrency's future. Kraken has also made a similar move, relisting XRP in response to market demand.

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ShintoBlessed ShintoBlessed Fri Dec 06 2024
Binance, another major exchange, has never delisted XRP from its international trading platform. This decision has allowed Binance to continue offering XRP trading to its global users.

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CryptoNinja CryptoNinja Fri Dec 06 2024
Coinbase and Kraken have recently relisted XRP for trading. This move follows a period of uncertainty surrounding the cryptocurrency's availability on various exchanges.

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Elena Elena Fri Dec 06 2024
However, Binance.US, the U.S. affiliate of Binance, has taken a different approach. XRP was delisted from Binance.US due to regulatory pressures and concerns about the cryptocurrency's legal status in the United States.

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Tommaso Tommaso Fri Dec 06 2024
The regulator has been active in targeting exchanges that operate without proper licenses. Coinbase and Binance were both sued by the regulator recently for allegedly running unlicensed securities exchanges.

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