Binance.US announces that it will delist XRP in mid-January 

US crypto exchange Binance.US will remove support for XRP on the morning of Wednesday, January 13, according to an announcement Wednesday.

XRP trading and deposits will cease at that point. Withdrawals are permitted after January 13 but will require a deposit tag/memo stipulated on the Binance.US website

The move comes a little over a week after the Securities and Exchange Commission filed charges against Ripple alleging that the firm and two of its executives sold unregistered securities.

The Binance.US plan to remove XRP follows similar moves from fellow exchanges Coinbase, Bittrex, OKCoin, Bitstamp, and CrossTower.

About Author

MK Manoylov is a reporter for The Block covering NFTs, blockchain-based gaming and cybercrime. MK holds a graduate degree from New York University's Science, Health, and Environmental Reporting Program (SHERP).