US Binance Nagdesisyon nga Kuhaa ang AMP Token Ingon nga Gitawag Kini sa SEC nga Usa ka Seguridad

By Bitcoinist - 1 ka tuig na ang milabay - Oras sa Pagbasa: 2 ka minuto
Martes, Ago 2, 2022 7:42 PM

US Binance Nagdesisyon nga Kuhaa ang AMP Token Ingon nga Gitawag Kini sa SEC nga Usa ka Seguridad

Ang pinakadako nga exchange sa crypto pinaagi sa gidaghanon sa trading, Binance, announced in its official blog post on Monday that its U.S  subsidiary exchange would delist Flexa’s AMP token “out of an abundance of caution.” And this move will come into effect on August 15 as the platform is waiting for regulatory clarity.

Sanglit Binance U.S. published the announcement, AMP has been decreasing its value. At the timing of writing, AMP is down nearly 10% in the last 24 hours while it decreased 93% from its all-time high of June 2021. The token currently trades at $0.0082. Its total market cap has now reached $358 million.

Last month, in a legal dispute against Coinbase’s former employee and his two alleged accomplices, U.S Securities and Exchange Commission (SEC), classified nine tokens as securities, and AMP is one of them. So, to prevent any legal dispute with U.S authorities, Binance U.S. decided to remove the token. Notably, it is the only one removed from the platform.

Subay sa gipasabot nga mga lagda sa estado, ang operating security assets nagkinahanglan og mas taas nga proteksyon para sa mga tiggamit. Mao nga ang mga pagbinayloay nga nagpasiugda niini nga mga kabtangan mahimong mapugos sa pagparehistro sa SEC. 

While commenting on the SEC’s probe with Coinbase, crypto exchange Binance added in a blog post:

We operate in a rapidly evolving industry, and our listing and delisting processes are designed to be responsive to market and regulatory developments. Out of an abundance of caution, we have decided to delist the AMP token from Binance.US, effective August 15, 2022.

Dugang pa, Binance added that meeting the regulatory framework requirements is the platform’s first priority to make investors join confidently. However, It further highlighted that it remains to see how authorities treat AMP; trading of the token may resume in the future at any point in time.

Notably, AMP will be unavailable only on Binance’s subsidiary in the U.S., users can trade AMP on other platforms.

Sa laing bahin, gibalibaran sa Coinbase ang mga pag-angkon sa SEC sa pagbaligya sa dili rehistrado nga mga securities. Paul Grewal, ang punoan nga ligal nga opisyal sa kompanya, ingon tubag sa imbestigasyon sa SEC;

Kami masaligon nga ang among higpit nga proseso sa kakugi-usa ka proseso nga gisusi na sa SEC-nagpugong sa mga securities gikan sa among plataporma, ug kami nagpaabut nga makig-uban sa SEC bahin sa butang.

AMP is the native token of Amp blockchain designed to secure and fasten the transfers of cryptocurrencies by working as a collateralized token. Widely being used in Bitcoin and Ethereum networks, Amp provides AMP tokens to the users that are liquidated whenever a transaction takes too long or becomes unsuccessful.

Ang orihinal nga tinubdan: Bitcoinmao