{"id":79566,"date":"2023-06-01T10:22:35","date_gmt":"2023-06-01T07:22:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79566"},"modified":"2025-09-11T11:46:46","modified_gmt":"2025-09-11T08:46:46","slug":"cumberland-halts-filecoin-trading","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cumberland-halts-filecoin-trading\/","title":{"rendered":"Cumberland halts Filecoin trading"},"content":{"rendered":"<p>The over-the-counter cryptocurrency platform Cumberland will halt trading of the Filecoin (FIL) cryptocurrency with counterparties. The Block reports, citing a company statement.\u00a0<\/p>\n<p>The company said the decision was driven by caution amid the existing regulatory environment. The announcement comes as regulators in the United States tighten oversight of crypto market participants.<\/p>\n<p>The decision takes effect on June 1 at 19:00 Kyiv time. At the same time, &#8220;all FIL trades entered into before that time will be settled in accordance with ordinary procedures&#8221;, the company said.<\/p>\n<p>As of writing, the price of Filecoin over the past 24 hours had fallen by 1.02% to $4.64, with a market capitalization of $1.9 billion, according to CoinMarketCap.<\/p>\n<p>Earlier, Grayscale Investments, in response to a registration filing for the Grayscale Filecoin Trust, received a comment from the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>, that Filecoin, in the agency&#8217;s view, corresponds to <a href=\"https:\/\/forklog.com\/en\/news\/sec-sees-signs-that-filecoin-may-be-a-security\">definition of a security<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The over-the-counter cryptocurrency platform Cumberland will halt trading of the Filecoin (FIL) cryptocurrency with counterparties.<\/p>\n","protected":false},"author":1,"featured_media":79567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1786,1488,26],"class_list":["post-79566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cumberland","tag-filecoin-fil","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=79566"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79566\/revisions"}],"predecessor-version":[{"id":79568,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79566\/revisions\/79568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/79567"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=79566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=79566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=79566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}