Cryptocurrency exchange Voyager Digital Ltd., has announced the suspension of XRP trading starting from Monday, January 18th, at 12:00 PM EST. The exchange notes users will still be able to maintain custody of the XRP token.
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In light of the recent announcement regarding Ripple, Voyager will suspend trading of XRP on Monday, January 18th, at 12:00 PM EST.— Voyager (@investvoyager) January 6, 2021
Users will be able to buy, sell, and transfer XRP Voyager between now and 1/18/21 at 12:00 PM EST. (1/3)
The exchange has not clarified on whether the suspension is caused by the legal battle between Ripple and the US Securities and Exchange Commission (SEC). However, Voyager is not the only one who decided to temporarily suspend activity related to XRP.
As iHodl recently reported, Grayscale Investments removed all XRP positions in the Grayscale Digital Large Cap Fund. The firm used cash proceeds to purchase bitcoin (EXANTE: Bitcoin), ether (ETH), litecoin (LTC), and bitcoin cash (BCH).
In the meantime, Uphold announced it will continue support for XRP unless XRP is judged to be a security. The company said in an announcement that the watchdog's complaint is currently just "an allegation."
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