Asset trading platform eToro, which has millions of users worldwide, ceases to provide services to US users for 4 altcoins that are considered securities by the SEC.
eToro posted on its official social media account on June 12. in the shipment, USA cryptocurrency market in the regulatory framework In the light of recent developments, US customers can be determined by the SEC. securities described as in Algorand (ALGO), Decentraland (MANA), Dash (DASH) and Polygon (MATIC) new position to open they will prevent reported.
According to the statement, the decision at 13:00 CET on 12 July will begin to be implemented. eToro, within the scope of the decision New position cannot be opened. but in the current situation position positions of customers that they can protect or that they can liquidate stated. Your decision only US customers for valid it will be underlined.
Platform, Cardano (ADA) And Solana (LEFT) in previous review cannot be used while stating that he has made the crypto money sector that they support however to regulatory compliance He also stated that they were paying attention and made the following statements about the subject:
We continue to work with regulators around the world to shape the future of the crypto industry and support the reach of ordinary investors.
Social media platform last April twitter partnering with eToro, users through the social media platform. cryptocurrency And stock trading services was offering. received your decision How are these services that it will affect about any no explanation was given.
US Securities and Exchange Commission (SEC) in the past weeks Binance And to Coinbase many cryptocurrencies in lawsuits filed against securities described it as. The number of cryptocurrencies that the SEC qualifies as securities in this context to 68 many platforms, tagged cryptocurrencies delist had done.