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 SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

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 has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.