Reacting to SEC'S recent lawsuit against XRP, the cryptocurrency exchange Bitstamp has said that they will halt XRP trading and deposits for US customers. Bitstamp is the first major exchange to take action against against XRP after SEC'S lawsuit.
- XRP deposit and trading will be halted on 8 jan 2021.
- Customers from other countries except US will not be affected.
- US customers will still be able to withdraw their XRP after trading and deposits are halted.
It will be interesting to see if other exchanges will take action against XRP after this.
