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Tuesday, December 7, 2021

End to XRP Trading in the US

A special thanks to eToro, the worlds leading social trading platform for supporting us. Connect with other traders and copy their moves automatically. Want to know more? Check out the link in the description below. Hi, I’m Nate Martin from 99Bitcoins.com, and here’s what’s happened this week in crypto.

Our YouTube channel just reached 200,000 subscribers this week, making us one of the top 10 cryptocurrency channels on YouTube. A huge thanks to all of you for supporting us in becoming the leading information provider when it comes to Bitcoin and cryptocurrency on the internet.

Following last week’s news of the SEC lawsuit against Ripple, top cryptocurrency exchanges, including Coinbase, Binance US, Crypto.com and many more have announced that they will drop XRP trading. Most of these platforms have only removed XRP from their U.S. markets, though a few have suspended support internationally.

Beyond halting trading for XRP, crypto exchange Bittrex took a step further and announced its plans to delist Monero, Zcash and Dash. While Bittrex gave no reason for the removals, exchanges around the world have been delisting privacy coins to be compliant with KYC regulations.

Data released by The New York Times suggests that Coinbase failed to offer it’s female and minority employees equal pay. Coinbase had bigger wage disparities than either Google or Oracle in 2018, but in an internal letter, the company claims they had already addressed the pay discrepancies.

Elon Musk says that any settlements he makes on Mars in the future will operate via cryptocurrency. The future society on the Red Planet will be a democratic one that will do business through Dogecoin transactions or potentially Marscoin, thereby hinting that a new digital asset will be created specifically for Mars residents.

That’s what’s happened this week in crypto. See you Soon.



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