According to a source in the fintech industry "On Dec. 22, the SEC filed a complaint with federal district court in Manhattan, alleging that XRP is a security and accusing Ripple of violating laws by raising over $1.3 billion from investors in the crypto industry" . this was a big attack on xrp which to the slump of price
A Crypto exchange OSL, an over-the-counter and cryptocurrency exchange in Asia, said:
“In light of the U.S. Securities and Exchange Commission’s enforcement action against Ripple Labs Inc. and two of its executives, we have suspended all $XRP payment in and trading services on the OSL platform, effective immediately and until further notice.”
since zb.com operate in the Asia continent, will zb.com follow this foot step of halting or delisting XRP trading ?
In my opinion, zb.com won't follow. I can remember the early days of the exchange. ZB exchange was established when Cryptocurrency was banned and nothing happened. The team are experienced, besides, zb.com is global exchange and not based in the US. Anyway, it is left for the team to take decision.
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We never can tell what the decision of zb.com team will look like. But it is likely that they won't follow.
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