On October 24, 2023, the cryptocurrency exchange OKX announced that it would be delisting the XRP/OKB spot trading pair. The exchange stated that the decision was made after a routine review of trading pairs, and that it was part of a broader effort to optimize liquidity and uphold stringent listing criteria. The delisting of the XRP/OKB pair comes at a time when XRP is facing legal challenges from the US Securities and Exchange Commission (SEC). The SEC is alleging that XRP is a security, and that Ripple Labs, the company behind XRP, violated securities laws by selling XRP to investors without registering it with the SEC.