Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued Ripple Labs in regards to last week claiming it is really a security. Coinbase first listed XRP on its retail-facing platforms in February 2019. Starting now, XRP trading "will move into limit only," Coinbase wrote.

FOR IMMEDIATE RELEASE 2020-338 The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.

New York Gov. Andrew Cuomo Andrew Cuomo Dreaming of space exploration? You're better off riding bikes Cuomo likens COVID-19 to the Grinch: 'The season of viral transmission' For Thanksgiving, the Supreme Court upholds religious liberty MORE (D) responded angrily Monday to sheriffs in the state who said they would not be enforcing COVID-19 restrictions that limit indoor gatherings, including during the upcoming holidays.