The crypto world is constantly changing. Prices can change drastically overnight, any cryptocurrency can rise exponentially in a matter of hours, and some can simply disappear. Platforms in the crypto money world can also add and remove various altcoin projects. Now, Newton, one of the Canadian-based crypto trading apps, has announced that XRP and USDT are leaving its trading platform.
XRP and USDT leave Bitcoin and altcoin exchange
The Canadian-based trading app that allows the buying, selling and holding of crypto assets will no longer support XRP and USDT tokens. In his official statement, Newton says that this delist will happen gradually. This means that XRP and USDT holders have ample time to manage and liquidate their tokens. Newton will allow users to transfer both cryptos to their wallets until December 20, 2021. The company cited legal and regulatory factors for the reasons behind this.
Trading with coins will be allowed until the last day of the year, and all withdrawals will be allowed until January 15, 2022. Basically, all transactions for XRP and USDT coins will be stopped at Newton after mid-January 2022. Meanwhile, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) behind XRP continues unabated. cryptocoin.com As we have also reported, the court has requested that both parties submit additional briefings by December 8, given the change in the scope of the Negotiation Process Privilege (DPP).
Contact us to be instantly informed about the last minute developments. twitterFollow us on Facebook and Instagram and join our Telegram and YouTube channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.