• Main exchanges requested the delisting of XRP, however not ETH.
• In 2020, main buying and selling platforms delisted XRP following an SEC lawsuit.
• Though the SEC considers ETH to be a safety, no change has delisted the token.

The digital asset group on social media platform

After the U.S. Securities and Change Fee (SEC) sued Ripple over its XRP providing in 2020, a number of exchanges adopted the regulator's needs and delisted the digital asset. In the meantime, Ripple repeatedly fought again and secured a partial victory in 2023.

As identified by submit “Digital asset buyers” Binance US, Crypto.com, Bittrex, B2C2, OKCoin, Genesis, Coinbase, Swipe Pockets, Ziglu, and Bitstamp delisted XRP in 2020 following an SEC lawsuit. In the identical submit, the SEC requested these exchanges about delisting ETH because it considers it a safety.

cryptocurrency fanatic referred to as out He added that these interactions represented a “double customary” and that these platforms have been “now exhibiting their true colours.” Consumer X stated:

“Their intention is to create uncertainty within the state of affairs and conceal cooperation by pretending to be in battle with one another.”

You will need to be aware that SEC Chairman Gary Gensler has said quite a few occasions prior to now that Bitcoin is a commodity and Ethereum is a safety, pursuant to U.S. securities legal guidelines and the Howie check. In the meantime, ConsenSys, a significant backer of the Ethereum blockchain, filed a lawsuit in opposition to the SEC in Texas federal court docket on Thursday to resolve a long-standing dispute, emphasizing that ETH just isn’t a safety. Based on a report by Bloomberg, ConsenSys stated that the SEC's “illegal usurpation of energy over ETH would spell catastrophe for the Ethereum community.”