CryptocurrencyExchangesRipple

B2C2 Cryptocurrency Market Maker Will Stop XRP Trading For US Clients

One of the largest market makers in the cryptocurrency industry – B2C2 – announced the termination of trading in pairs with XRP for US users.

US B2C2 customers will be able to trade XRP pairs until 3am ET on Dec 31st. Then trading in pairs with this crypto asset for US clients will be stopped.

B2C2 will continue to provide XRP trading services to the rest of its clients, however, when opening short positions, users will have to have the required amount in the account to maintain positions.

“We will promptly notify our customers of any subsequent decisions,” the B2C2 statement underlines.

Cryptocurrency companies began to restrict XRP trading after the US Securities and Exchange Commission (SEC) sued Ripple. The SEC accuses Brad Garlinghouse and co-founder Chris Larsen of selling XRP, which is unregistered securities, in 2013.

Recall that earlier, two large market makers Jump Trading and Galaxy Digital, as well as the payment company Simplex, announced the suspension of XRP trading . In addition, the regulated platform OSL from Hong Kong announced the temporary suspension of trading in XRP pairs and all transactions with the crypto asset .

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