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SEC Settles With Trading App eToro on Unregistered Broker Charges As Exchange Ceases Most Crypto Trading - The Daily Hodl

Summary by The Daily Hodl
The top U.S. securities regulator has reached a settlement with the trading app eToro severely limiting the platform’s crypto trading abilities. According to the U.S. Securities and Exchange Commission (SEC), eToro has agreed to pay $1.5 million in penalties and limit its crypto trading options to Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) without admitting to or denying charges of operating as an unregistered crypto broker and clearin…
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