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Bitstamp to suspend trading of major altcoins for US users

According to the Aug. 8 announcement, trading of the seven aforementioned cryptocurrencies will soon become unavailable for trading for U.S. customers due to “recent developments.” While the firm did not specify the reason for their suspension, all seven tokens are alleged by the U.S. Securities and Exchange Commission (SEC) to be unregistered securities in its complaints against cryptocurrency exchanges Binance and Coinbase (NASDAQ:COIN). Bitstamp wrote:

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Source: Cryptocurrency - investing.com

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