Kraken stops trading XRP from January 30

Cryptocurrency exchange Kraken has become the latest platform to announce the suspension of XRP trading for US residents. Restrictions will come into effectforce since January 30, 2021. For users residing in other countries, XRP markets will continue to operate without interruption.

US residents with open XRP positions on Kraken have to fulfill their marginal obligations until 11:00 on January 29, 2021, in the opposite case they will be liquidated.

Despite the fact that residents of the United States cannot trade XRP, they have access to depositing, storing and withdrawing XRP. In addition, stopping the trade will not affect the distribution of Spark tokens.

By the time the number of cryptocurrency platforms that have stopped the XRP trade for US users, the digital asset will continue to lose its value.

Among the 10 largest crypto-assets, XRP is the only token, which has lost more than 50% in the last 30 days and continues to monitor the downward flow.

More so, practically in all ratings onMore than market capitalization, XRP has ceded its fourth place to the Polkadot (DOT) token. The last time Polkadot is confidently demonstrating the upward trend, setting a new record maximum at $ 18.30.

Bullish on the @Polkadot ecosystem pic.twitter.com/f4wvnQhew8

— $trong (@StrongHedge) January 15, 2021

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