Kraken to Halt XRP Trading for US Residents

Purchasers residing outdoor the U.S. will be unaffected.

Ripple CEO Brad Garlinghouse
(Zack Seward/CoinDesk archives)


Kraken to Cease XRP Procuring and selling for U.S. Residents

Citing the most modern SEC lawsuit against Ripple Labs, cryptocurrency change Kraken announced it’s halting trading of the XRP token for U.S. residents.

  • The close, which works into invent Jan. 30 at 1 a.m. UTC, only impacts Kraken possibilities residing in the U.S.. These residing some set apart else will be unaffected.
  • With the close, Kraken becomes the most modern change to hunch or close trading in XRP, the cryptocurrency on the center of a U.S. Securities and Alternate Price lawsuit against Ripple Labs claiming the token is actually a safety.

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