Ripple Labs Inc. is currently in the middle of a lawsuit with the U.S. Securities and Exchange Commission. The SEC deems Ripple’s XRP token as an unregistered security.
Because of this reason, XRP no longer fits in with our internal KYP policy. As a result, we will be delisting and suspending all trading of XRP as of Nov 22, 2021. This decision follows a growing number of existing CTP’s in Canada and the United States that have also delisted XRP.
Please make sure that you sell, trade, or transfer XRP off the CoinSmart platform by Nov 22, 2021.