• Exchanges start delisting XRP
    Fearing the SEC's wrath, several crypto exchanges have delisted XRP (Photo: PxHere)
    Regulation,  Ripple,  XRP

    Exchanges start delisting XRP following SEC action against Ripple

    Citing concerns that it is illegal to trade unregistered securities, at least three small cryptocurrency exchanges halted XRP trading today

    December 23, 2020 /

    Cryptocurrency exchanges OSL, Beaxy, and CrossTower suspended trading in XRP on Dec. 23 after the U.S. Securities and Exchange Commission filed a lawsuit claiming the fourth-largest cryptocurrency is an unregistered security sold by American blockchain giant Ripple.

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  • SEC shoots down Telegram
    Telegram Messenger's dream of a blockchain that would allow its 400 million users to send payments between each other is in flames (Photo: USAF/Telegram)
    Alt coins,  Regulation

    SEC shoots down Telegram’s TON blockchain

    Well-known cryptocurrency lawyer Stephen Palley tells Modern Consensus that the Telegram Open Network blockchain’s demise will create headaches for projects funded in similar ways

    May 12, 2020 /

    Telegram CEO Pavel Durov announced on May 12 that his messaging platform’s active involvement with TON is over—using a blog post to lambast the U.S. judge who effectively stopped the project from going ahead.

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