🚀 Big news in the US crypto trading world! eToro has settled with the SEC over claims of acting as an unregistered broker since 2020, paying a $1.5M fine. The platform will now limit US crypto trading to Bitcoin, Bitcoin Cash, and Ethereum.
📉 While this is a hit, it’s also a sign of increasing regulatory pressure on crypto companies in the US. eToro’s CEO remains optimistic about future regulations bringing clarity, similar to the UK and Europe.
🌍 Despite the restrictions, eToro’s global operations remain unaffected, and the platform is poised for growth. Stay tuned for more updates as US crypto regulations evolve! #Crypto #eToro #SEC