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

By Bitcoin.com - 1 tahun yang lalu - Masa Membaca: 2 minit

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 sembilan token crypto ialah sekuriti. Mereka ialah AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX dan 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.platform AS.


“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.

Pertukaran itu menjelaskan bahawa ia mengambil langkah ini sehingga wujud lebih kejelasan mengenai klasifikasi mata wang kripto, sambil menambah bahawa syiling itu boleh menyambung semula dagangan pada satu ketika pada masa hadapan.

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.





Manakala 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.

Berikutan tuntutan mahkamah terhadap bekas pekerjanya, Coinbase menerbitkan catatan blog yang menyatakan bahawa ia tidak menyenaraikan sebarang sekuriti. Ketua pegawai undang-undang bursa itu, Paul Grewal, menulis: “Coinbase tidak menyenaraikan sekuriti pada platformnya. Tamat cerita.” Eksekutif itu juga mengkritik SEC, dengan menyatakan: "Daripada mengadakan dialog dengan kami mengenai tujuh aset di platform kami, SEC melompat terus ke litigasi."

Minggu lalu, laporan muncul bahawa SEC boleh menyiasat Coinbase berhubung penyenaraian sekuriti cryptonya.

Apa pendapat anda mengenai Binance delisting AMP after the SEC said it’s a security? Let us know in the comments section below.

Sumber asal: Bitcoin.com