Kraken does not support XRP for the US

The termination of trading for US clients will take effect on 1/30/2021 at 1:00 UTC. Support for other customers remains. You can check here.

This is stated in a press release published by the exchange because of the recent SEC lawsuit against Ripple Labs. Recall that the American regulator equated XRP tokens to a security and accused the management of the Ripple project of misleading many clients and unauthorized sale of billions of dollars worth of cryptocurrency.

The Ripple project received a treacherous blow from the SEC in December 2020.Since then, the value of the cryptocurrency has dropped to absolute lows. Many exchanges have delisted, fearing possible problems from the US authorities.

However, not all countries are negatively opposed to Ripple. Japan has remained Ripple-friendly. First, the media published a study in which they emphasized that they did not consider XRP tokens to be a security. And recently the status of XRP as a cryptocurrency was emphasized by the country's main regulator. So Kraken's decision is understandable.