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eToro to shut down nearly all crypto trading in settlement with US SEC
Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the U.S. Securities and Exchange Commission, the regulator said Thursday. eToro also agreed to pay a penalty of $1.5 million to settle charges that it operated as an unregistered broker and unregistered clearing agency in connection with its cryptocurrency offerings. The SEC alleged that eToro provided its U.S. customers the ability to trade crypto assets that the regulator deemed to be securities since at least 2020, but did not comply with the registration requirements of federal securities ... (full story)
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From sec.gov|Sep 12, 2024The Securities and Exchange Commission today announced that eToro USA LLC has agreed to pay $1.5 million to settle charges that it operated an unregistered broker and unregistered ...
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- Posted: Sep 12, 2024 10:21am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 129
