eToro Reaches Settlement with SEC - Will Cease Trading Nearly All Assets

[SamReomo]

eToro publicly announced that, going forward and subject to the provisions of the SEC’s order in this matter, the only crypto assets that U.S. customers can trade on the company’s platform will be Bitcoin, Bitcoin Cash, and Ether. eToro publicly announced that it will provide its customers with functionality to sell all other crypto assets for only 180 days after the issuance of the SEC’s order.

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That's a bold statement and they will have to do that. The exchange has no other option as they have to do whatever SEC orders them to do. It's still a good news for the users of the platform because 180 days is enough to sell most of their assets and withdraw those from that exchange. It seems like that in future most crypto exchanges will face some hard times because of SEC.