XRP Ledger-based Crypto-to-Fiat Solution Halts Reward Programs Citing SEC Crackdown

XRP Ledger-based Crypto-to-Fiat Solution Halts Reward Programs Citing SEC Crackdown


The Crypto Basic
2023-02-10 10:02:05

XRPayNet chooses to err on the side of caution in the face of recent SEC enforcement action. XRPayNet, a crypto-to-fiat payment solution built on the XRP Ledger, has disclosed a decision to halt its staking program. The project announced this in a Twitter thread today, citing the United States Securities and Exchange Commission’s enforcement action The post XRP Ledger-based Crypto-to-Fiat Solution Halts Reward Programs Citing SEC Crackdown first appeared on The Crypto Basic .