Binance Delists Ethereum-Based Token After SEC Declares It an Unregistered Security in Coinbase Complaint

The US arm of crypto exchange Binance removed Amp (AMP) on its platform as federal regulators claim that the Ethereum (ETH) token is an unregistered security. In a new statement, the exchange says that out of an abundance of caution, it will stop supporting the native token of the AMP blockchain effective August 15th.