{"id":480124,"date":"2022-08-01T22:03:00","date_gmt":"2022-08-01T19:03:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-us-will-delist-amp-following-sec-claim-token-is-a-security\/"},"modified":"2022-08-01T22:03:00","modified_gmt":"2022-08-01T19:03:00","slug":"binance-us-will-delist-amp-following-sec-claim-token-is-a-security","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-us-will-delist-amp-following-sec-claim-token-is-a-security\/","title":{"rendered":"# Binance US will delist AMP following SEC claim token is a security"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2787c088eef\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2787c088eef\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/binance-us-will-delist-amp-following-sec-claim-token-is-a-security\/#%E2%80%9D_Binance_US_will_delist_AMP_following_SEC_claim_token_is_a_security_%E2%80%9C\" >&#8221; Binance US will delist AMP following SEC claim token is a security &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Binance_US_will_delist_AMP_following_SEC_claim_token_is_a_security_%E2%80%9C\"><\/span>&#8221; Binance US will delist AMP following SEC claim token is a security &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvYjgyN2Q5MzAtOTFkZC00MjI3LTg2ZDgtMDQ5NWZkMmY3OThmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>United States-based crypto exchange Binance.US said it will be delisting the AMP token \u201cout of an abundance of caution\u201d of possible enforcement by federal regulators.\u00a0<\/p>\n<p>In a Monday blog post, Binance.US <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.binance.us\/binance-us-update-on-amp\/\">said<\/a> it will be closing deposits of Amp (AMP) and removing the AMP\/USD trading pair on Aug. 15 following the token&#8217;s mention in a legal action from the U.S. Securities and Exchange Commission, or SEC. The federal regulator filed a complaint against a former Coinbase product manager and two individuals in July that claimed that AMP and eight other cryptocurrencies were \u201ccrypto asset securities\u201d that fell under the SEC\u2019s purview.<\/p>\n<p>\u201cWe believe that, in some circumstances, delisting an asset best protects our community from undue risk,\u201d said Binance.US. \u201cWe operate in a rapidly evolving industry and our listing and delisting processes are designed to be responsive to market and regulatory developments.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Important notice from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BinanceUS?src=hash&amp;ref_src=twsrc%5Etfw\">#BinanceUS<\/a> regarding Amp (AMP)<\/p>\n<p>Learn more: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/b8qaeDEORS\">https:\/\/t.co\/b8qaeDEORS<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/vqHdvBVHAw\">pic.twitter.com\/vqHdvBVHAw<\/a><\/p>\n<p>\u2014 Binance.US  (@BinanceUS) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BinanceUS\/status\/1554139809202855941?ref_src=twsrc%5Etfw\">August 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAccording to Binance.US, AMP is the only token of the nine mentioned in the SEC complaint available for trading on the platform. The exchange added trading of AMP \u201cmay resume at some point in the future,\u201d but did not provide a date. Other crypto exchanges and companies listing the token as well as Powerledger (POWR), Kromatika (KROM), DFX Finance (DFX), Rally (RLY), Rari Governance Token (RGT), DerivaDAO (DDX), LCX and XYO may also face scrutiny from the SEC if the regulator chooses to pursue enforcement actions.<\/p>\n<p>&#8220;The SEC&#8217;s allegations could have broad implications beyond this single case, underscoring how critical and urgent it is that regulators work together,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CarolineDPham\/status\/1550159347984044033\">said<\/a> Caroline Pham, commissioner for the U.S. Commodity Futures Trading Commission, in response to the SEC case.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>US Congressman blasts SEC for non-judicial actions against crypto companies<\/em><\/strong><\/p>\n<p>At the time of publication, the price of AMP had <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/amp\/\">fallen<\/a> roughly 6% in the last 24 hours to reach $0.00874, according to data from CoinMarketCap. However, the RGT price surged more than 55% to reach a new all-time high of $7.83.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/binance-us-will-delist-amp-following-sec-claim-token-is-a-security\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Binance US will delist AMP following SEC claim token is a security &#8220; United States-based crypto exchange Binance.US said it will be delisting the AMP token \u201cout of an abundance of caution\u201d of possible enforcement by federal regulators.\u00a0 In a Monday blog post, Binance.US said it will be closing deposits of Amp (AMP) and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":480125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvYjgyN2Q5MzAtOTFkZC00MjI3LTg2ZDgtMDQ5NWZkMmY3OThmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,74898,85699,70934,67874],"class_list":["post-480124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-sec","tag-amp","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/480124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=480124"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/480124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/480125"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=480124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=480124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=480124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}