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Skrill blocks XRP (18 January 2021-)

This warning is shown on the dashboard for logged in Skrill users. Can't read the text? It reads: "Skrill Limited has been temporarily registered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as a cryptoasset business until 9 July 2021, pending the determination of our application by the Financial Conduct Authority."

This is quite the same circular letter that virtual currency exchanges and such services, like eToro, have sent to their users. Skrill doesn't care if XRP tokens are held by users in Europe, or in the U.S. They announced:

"With effect from 10:00 am UTC on 18 January 2021, you will not be able to buy or sell any interests in XRP using the Skrill Cryptocurrency Service. You will also no longer be able to carry out any P2P Transfers of interests in XRP using the Skrill Cryptocurrency Service. Any Alerts, Automated Orders or Recurring Orders you may have set up in respect of XRP will be automatically cancelled at 10:00 am UTC on 18 January 2021."

eToro wasn't as harsh when they mailed this earlier today:

"In response to the decision by the Securities and Exchange Commission (SEC) to file a lawsuit against Ripple Labs Inc., many organizations in the US, and some in Europe, have already announced that they are either greatly reducing, restricting or removing their XRP-related services. While the outcome of this lawsuit is still uncertain, it has caused significant volatility in XRP prices, and there is a risk that this will affect the regulatory treatment of XRP globally. eToro has suspended trading for US customers. For now, these restrictions only apply to our US customers."

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