Looking at the effect of potential XRP delistings on exchanges
Quick Take
- The SEC has sued Ripple and two executives alleging that XRP is a security
- Since then, several exchanges, market makers, OTC desks and payment processors have announced their plans to either fully delist XRP or only limit activity to non-U.S. customers
- Some exchanges (FTX, OKEx, Liquid, Huobi) are way less reliant on XRP volume than others (Bitstamp, Bitbank, Bitso)
- More delistings are coming in the next few weeks
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Author: Larry Cermak
