Trading Platform EToro Limits Crypto Offerings After SEC Settlement

Trading Platform EToro Limits Crypto Offerings After SEC Settlement·The Wall Street Journal
In this article:

Digital-trading platform eToro USA agreed to pay a $1.5 million fine and limit its crypto offerings to just three tokens, as part of a settlement with the Securities and Exchange Commission. The move is part of a broader battle between the crypto industry and the SEC over which tokens meet the definition of securities, which the agency regulates. SEC Chair Gary Gensler has said almost all cryptocurrencies are securities.

Advertisement