Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security

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Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security

Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security.

Binance Delists AMP ‘out of an Abundance of Caution’


Binance’s U.S. exchange (Binance US) is taking action to ensure that crypto tokens the U.S. Securities and Exchange Commission (SEC) has declared to be securities are not listed on its platform. The SEC recently said in a lawsuit against a former Coinbase product manager that devet kripto tokena su vrijednosni papiri. To su AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX i KROM.

Binance US explained:

In its suit, the SEC named nine digital assets that it alleges are securities. Of those nine tokens, only amp (AMP) is listed on the Binance.US platforma.


“Out of an abundance of caution, we have decided to delist the AMP token from Binance.US, effective August 15, 2022,” the crypto exchange announced Monday.

Binance US detailed that on Aug. 15, AMP deposits on its platform will be closed at 9:00 p.m. EDT and the AMP/USD trading pair will be removed at 11:00 p.m. EDT. “All trade orders will be automatically removed after trading ceases for the trading pair,” the announcement states.

Burza je pojasnila da poduzima ovaj korak dok ne bude više jasnoće oko klasifikacije kriptovalute, dodajući da bi se novčić mogao nastaviti trgovati u nekom trenutku u budućnosti.

The price of AMP fell sharply following the delisting announcement by Binance US. At the time of writing, AMP is trading at $0.0081411, down 11% in the past 24 hours.





Dok Binance US has taken a cautious approach to crypto tokens that may be deemed securities by the SEC, the Nasdaq-listed cryptocurrency exchange Coinbase has chosen to fight the securities regulator.

Nakon tužbe protiv svog bivšeg zaposlenika, Coinbase je objavio blog post u kojem navodi da ne navodi nikakve vrijednosne papire. Glavni pravni službenik burze, Paul Grewal, napisao: “Coinbase ne navodi vrijednosne papire na svojoj platformi. Kraj priče." Izvršna vlast također je kritizirala SEC, rekavši: "Umjesto da vodi dijalog s nama o sedam sredstava na našoj platformi, SEC je skočio izravno na parnicu."

Prošli tjedan su se pojavila izvješća da bi SEC mogao istraživati ​​Coinbase zbog njegovih popisa kripto vrijednosnih papira.

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Izvorni izvor: Bitcoin.com