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

By Bitcoin.com - 1 ano atrás - Tempo de leitura: 2 minutos

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 nove tokens de criptografia são títulos. Eles são AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX e 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 BinancePlataforma .US.


“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.

A exchange esclareceu que está dando esse passo até que haja mais clareza em torno da classificação da criptomoeda, acrescentando que a moeda pode retomar a negociação em algum momento no futuro.

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.





Enquanto 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.

Após o processo contra seu ex-funcionário, a Coinbase publicou uma postagem no blog afirmando que não lista nenhum valor mobiliário. O diretor jurídico da bolsa, Paul Grewal, escreveu: “A Coinbase não lista títulos em sua plataforma. Fim da história." O executivo também criticou a SEC, afirmando: “Em vez de dialogar conosco sobre os sete ativos em nossa plataforma, a SEC saltou diretamente para o litígio”.

Na semana passada, surgiram relatos de que a SEC poderia estar investigando a Coinbase sobre suas listagens de títulos criptográficos.

O que você pensa sobre Binance delisting AMP after the SEC said it’s a security? Let us know in the comments section below.

Fonte original: Bitcoin.com