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XRP, DOGE and SHIB Among New Cryptocurrency Offerings at eToro (ETOR)

  • EToro expanded its cryptocurrency offerings in the U.S. On Wednesday by adding 12 new digital assets, increasing available tokens from 3 to 15.
  • This expansion follows a 2024 SEC settlement that led eToro to voluntarily scale back its U.S. Crypto assets to three and pay a $1.5 million penalty.
  • The newly added tokens include Dogecoin, Cardano, XRP, and Shiba Inu among others, joining Bitcoin, Ethereum, and Bitcoin Cash as tradable options.
  • Andrew McCormick, Head of eToro U.S., explained that after conducting thorough research and due diligence, they believe now is an ideal moment to act, particularly following their recent IPO.
  • The addition reflects eToro's renewed approach to U.S. Growth amid a friendlier regulatory environment and its $4 billion valuation target following a recent IPO.
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decrypt.co broke the news in New York, United States on Wednesday, May 28, 2025.
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