India freezes digital assets WazirX, linked with Binance The developers of Shiba Inu have announced a new mobile game Binance received a subpoena over Elon Musk's refusal to buy Twitter The New York authorities fined the crypto platform Robinhood for $30 million North Korean hackers forge CVs to join U.S. crypto companies A new unknown investor bought bitcoins for $3 billion Binance employee claims loss of 90% of customers and billion dollars in revenue MetaMask users face a phishing attack Unknown hacked almost 8 thousands crypto wallets on Solana

Binance.US will delist AMP token on August 15th

Binance.US will delist AMP token on August 15th

Main cause of delist is the US Securities and Exchange Commission (SEC) which considers the AMP token as a security. 

According to the Binance press release, SEC considers AMP and 8 other tokens as securities, which was regulated by the current legislature. Such a decision they made in the lawsuit against Coinbase where the regulator charges the former lawyer with insider trading. Other tokens are  Powerledger, Kromatika, DFX Finance, Rally, Rari Governance Token, DerivaDAO, LCX and XYO. 

“Out of an abundance of caution, we have decided to delist the AMP token from Binance.US, effective August 15, 2022” - said in the company.    

The crypto exchange added in future the AMP token can be listed again on the platform.

Subscribe to our Telegram channel for the most relevant, interesting, and informative news from the crypto industry.

Is there an error in the article?
To report