Recently, the BITBOX exchange, owned by the Japanese company LINE, notified its users about the delisting of XRP fromof your platform.
Singapore exchanger did not provide an explanationregarding the reasons for such a decision. Some users were so displeased with the delisting news that they were already threatening the exchange to withdraw funds and delete their accounts. It is worth noting that for the BITBOX exchange, which is not included in the list of the top 100 Coinmarketcap exchanges for liquidity, leaving even a small number of users can become a serious problem.
The exchange is owned by the Japanese corporation LINE, the developer of the popular application (about 700 million users). In addition to Singapore BITBOX, the company also owns the Japanese exchange BitMAX.
The XRP community is surprised at the decision to remove XRP,given the popularity of Ripple in the Asian market. According to CipherTrace CEO, almost every Japanese bank uses XRP asset or Ripple technology.
It is worth noting that despite the news aboutdelisting, the value of the coin continues to rise. Over the past week, the price of XRP has grown by 8%. In addition, the Ripple CEO recently stated that the company has no intention of “dumping” its own token.