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Author Topic: eToro to delist Cardano by 2022 for US users  (Read 475 times)

Zardbeig

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eToro to delist Cardano by 2022 for US users
« on: November 30, 2021, 01:15:18 PM »
In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tron (TRX) for United States customers by the end of the year.

After Dec. 31, U.S. users will no longer be able to open new positions in the tokens nor stake ADA and TRX. In addition, wallets will be effectively in withdraw-only mode until the first quarter of 2022, when selling will also become limited. In making the decision, eToro cited regulatory concerns surrounding both assets.

The move came as a surprise to some as ADA has not been traditionally associated with regulatory troubles. In context, tokens like Ripple (XRP), whose creators are currently engaged in an ongoing lawsuit with the Securities and Exchange Commission, or SEC, as well as Monero, which is a privacy coin that some fear is easily abused for illicit purposes, are facing the brunt of regulatory scrutiny in the cryptocurrency industry.

In such situation, privacy coin like Crypton can be a good way out. It has own no KYC decentralized exchange and there are no restrictions or prohibitions on use by citizens of the United States or other countries. And this will be one of a few possibilities to continue using privacy coins. As I've heard some rumors that other exchange pairs are planned to be added to their exchange.

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eToro to delist Cardano by 2022 for US users
« on: November 30, 2021, 01:15:18 PM »


Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #1 on: December 02, 2021, 12:55:19 PM »
Hmm, interesting.And what kind of regulatory issues related to assets did they have in mind? This is very unexpected news that makes us doubt the reliability of these projects.

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Re: eToro to delist Cardano by 2022 for US users
« Reply #1 on: December 02, 2021, 12:55:19 PM »
:)

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #2 on: December 07, 2021, 11:34:45 AM »
It's hard to answer.. Regulations are only discussed all the time, but no one gives any concrete points. But seems that exchanges do expect something concrete and that's why they decided to delist some coins. Looks like privacy coins will be under attack first of all. In any case, Crypton exchange already added Monero to the list, so we can be calm. It will be still accessible no matter what will happen.

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #3 on: December 10, 2021, 01:18:57 PM »
=)
« Last Edit: December 10, 2021, 03:43:31 PM by Zardbeig »

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #4 on: December 10, 2021, 03:37:31 PM »
By the way  I thought they'll keep the exchange just for their own coins and nothing more. https://crp.is/exchange/xmr_usdt And Monero is one of the top privacy coins. A great work was made and I'm sure it'll bring great results. The more visitors will come to Crypton exchange, the more is the chance that Crypton will gain again. Even without that, it continues rising and seems to reach 2$ value the nearest days, or maybe hours!
« Last Edit: December 10, 2021, 03:44:52 PM by Zardbeig »

Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #5 on: December 19, 2021, 02:23:28 PM »
Yes, you are saying very right things! I am glad that the Utopia team has released another promising update. I want to say that their scale of development pleasantly surprises me.

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #6 on: December 21, 2021, 11:25:57 AM »
How many more updates are coming in 2022. Just try to imagine! I think that the events taking place over the past year, the updates that have been released, all this shows the prospects of the project.

Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #7 on: December 27, 2021, 01:21:03 PM »
Yeah, at least, users are looking forward to the release of the mobile version of the application. I continue to believe that the release will happen before the end of the year, but it seems that my faith is evaporating.

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #8 on: December 28, 2021, 01:15:48 PM »
I don't think so. Everyone are on holidays already so the work on the mobile version will be renewed in a new year already. It's okay, of course it needs time and hard work to make it perfect. As many will see the project for the first time then.

Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #9 on: December 30, 2021, 03:42:54 PM »
You're probably right. I wouldn't want the developers to release a raw version of the app. Therefore, I agree that it is better to wait.

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #10 on: January 04, 2022, 08:08:25 AM »
And for now we can get fun with a bot that operates within Utopia p2p channels. All you have to do is type him something and you'll take part in a small give-away that is held every day, if I'm not mistaken. Very cute game in order to get some free crypto.

Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #11 on: January 11, 2022, 12:39:10 PM »
Oh, wow! You know, it might be a good distraction. Especially in order to pass the time while waiting for the updates promised by the developers.

Zardbeig

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Re: eToro to delist Cardano by 2022 for US users
« Reply #12 on: January 12, 2022, 11:46:32 AM »
Look like Utopia p2p developers always keep their promises :) I'm sure no one even waited for something like that, but Bitcoin was listed on Crypton no KYC exchange https://twitter.com/UtopiaP2P/status/1480838807935078402?s=20 Now even top coin can be traded fully anonymous.

Freemind

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Re: eToro to delist Cardano by 2022 for US users
« Reply #13 on: January 16, 2022, 05:56:32 PM »
Look like Utopia p2p developers always keep their promises :) I'm sure no one even waited for something like that, but Bitcoin was listed on Crypton no KYC exchange https://twitter.com/UtopiaP2P/status/1480838807935078402?s=20 Now even top coin can be traded fully anonymous.

The SEC's hand reaches many places and its power is enormous. It is not a direct attack on cryptocurrencies, it is an attack on cryptocurrencies that cannot be traced to identify users and payments. The SEC does not want cryptocurrencies that their investigative agencies cannot track, so they will do everything necessary to banish them from their territory, another thing is that they can get it 100%, since there will always be ways to evade all restrictions.
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Marryan

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Re: eToro to delist Cardano by 2022 for US users
« Reply #14 on: January 18, 2022, 12:41:29 PM »
Look like Utopia p2p developers always keep their promises :) I'm sure no one even waited for something like that, but Bitcoin was listed on Crypton no KYC exchange https://twitter.com/UtopiaP2P/status/1480838807935078402?s=20 Now even top coin can be traded fully anonymous.
Well To be honest, it seems to me that they were not only able to keep their promises - they also surpassed them to some extent. I couldn't even think that the next exchange pair would be Bitcoin. It's unbelievable.

 

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