eToro decides to delist four crypto assets for US users | CoinDesk JAPAN | Coin Desk Japan

eToro, a multi-asset trading platform that supports crypto assets (virtual currencies), stocks, currencies, and commodities, has launched a cryptocurrency trading platform for American customers following recent legal action by the U.S. Securities and Exchange Commission (SEC). will be delisted in one month.

eToro announced on June 12th that from July 12th, American customers will not be able to have new positions on Algorand (ALGO), Decentraland (MANA), Dash (DASH) and Polygon (MATIC). However, existing positions in these tokens can be held or sold.

As the reason for the move, eToro cited “recent developments”, citing SEC legal action against Coinbase and Binance, as well as regulators listing certain crypto assets as securities. ing.

The action follows Robinhood, which delisted Cardano (ADA), Solana (SOL) and MATIC last week.

｜Translation: coindesk JAPAN
｜Editing: Toshihiko Inoue
｜Image: eToro
｜Original: Investing Platform eToro to Delist Four Cryptocurrencies for US Users Next Month