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Community Calls for Delisting of ETH Amid Regulatory Concerns


Community Calls for Delisting of ETH Amid Regulatory Concerns

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  • Major exchanges were called out for delisting XRP but not ETH.
  • In 2020, leading trading platforms delisted XRP after the SEC’s lawsuit. 
  • The SEC considers ETH a security, but none of the exchanges have delisted the token.

The digital asset community on social media platform X was buzzing with some crypto enthusiasts calling for the delisting of Ethereum (ETH) from major exchanges like Binance.US, Crypto.com, Bittrex, and Bitstamp. 

After the United States Securities and Exchange Commission (SEC) sued Ripple over XRP offerings in 2020, multiple exchanges delisted the digital asset to comply with the regulator’s wishes. Meanwhile, Ripple has been continuously pushing back, securing a partial victory in 2023.

As pointed out in an X post by “Digital Asset Investor,” Binance US, Crypto.com, Bittrex, B2C2, OKCoin, Genesis, Coinbase, Swipe Wallet, Ziglu, and Bitstamp delisted XRP in 2020 after the SEC’s lawsuit. In the same post, they asked these exchanges regarding the delisting of ETH since the SEC considers it a security. 

Crypto enthusiasts called out these exchanges for “double stand…

The post Community Calls for Delisting of ETH Amid Regulatory Concerns appeared first on Coin Edition.

Read the article at CoinEdition

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