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eToro Settles with SEC for $1.5M Fine and Limits Crypto Trading in U.S

eToro has agreed to pay a settlement of $1.5M  and stop breaking federal securities regulations. Only Bitcoin, Ether, and Bitcoin Cash would be traded by consumers in the U.S as per the deal. e-Toro, a trading platform, and the United States Securities and Exchange Commission (SEC) have announced a settlement. The business’s cryptocurrency trading platform…

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eToro limits crypto trading to only 3 assets, including Bitcoin, after $1.5M SEC settlement

Trading platform eToro will halt trading for most digital assets on its platform following a $1.5 million settlement with the US Securities and Exchange Commission (SEC), according to a Sept. 12 statement. The SEC’s investigation revealed that, since 2020, eToro has allowed US customers to trade crypto assets that are considered securities without complying with…

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