Best Crypto Exchanges

The content of the articlelondon - the xrp cryptocurrency fell by 24% on wednesday as soon as the us securities and exchange commission (sec) accused the blockchain company ripple of organizing unregistered placement of shares, bonds, promissory notes for the number of one-3 billion dollars.

Xrp, the third largest cryptocurrency by market price, has fallen to zero dollars.33, which serves as the weakest indicator in a month, after the sec announcement, where two executives of the san francisco-based firm were also charged for the personal benefit they received from the offer.

Cryptocurrency xrp fell by 24% as soon as the us sec returned ripple to the video

The content of the articleripple rejected the accusations, stating that xrp is a currency and does not yet have the need for authorization in the role of an investment contract.

Financial regulators in different countries are still fighting with their own where to regulate bitcoin, bitcoin swap dogecoin xrp and competing cryptocurrencies. Markets are closely watching for regulatory modifications that will be able to determine whether cryptocurrencies will make a leap from a niche to a major asset.

Xrp, which very often moves with bitcoin, soared in november to the highest level since last year, because the cryptocurrency rally was gaining crypto exchange momentum.

However, after the fall on wednesday, xrp lost half of the expectations first of all in december. Bitcoin was trading one and a half% lower to $23,477.19. (Reporting by karin strohecker, editing by tommy wilkes)