eToro, the global investment platform, has announced a significant change to its cryptocurrency offerings in the United States. After settling charges with the U.S. Securities and Exchange Commission (SEC), eToro will now only offer Bitcoin, Ethereum, and Bitcoin Cash to its US-based customers.
The decision comes as a result of eToro's agreement to pay $10 million to resolve the SEC's allegations that the platform had offered unregistered securities. This move by eToro is aimed at streamlining its crypto services and focusing on the three most established and widely-traded digital assets: Bitcoin, Ethereum, and Bitcoin Cash.
The current prices of these cryptocurrencies, as shown in the text, are BTC at $57,754.00, ETH at $2,343.18, and BCH at $544.62. Additionally, the prices of other popular digital assets like Solana (SOL), USD Coin (USDC), and Ripple (XRP) are also provided.
This change in eToro's crypto offerings in the US market is likely to have an impact on the trading and investment patterns of its customers, who will now have a more limited selection of digital assets to choose from. However, eToro's decision to focus on the top three cryptocurrencies may be seen as a strategic move to streamline its operations and comply with the SEC's regulations.
The summary of the article highlights the key points regarding eToro's changes to its crypto offerings in the US, the reasons behind the decision, and the current prices of the cryptocurrencies mentioned in the text.
Source: https://decrypt.co/249074/etoro-only-offer-bitcoin-ethereum-bitcoin-cash-us-settling-sec-charges
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