{"id":21539,"date":"2023-06-13T11:54:44","date_gmt":"2023-06-13T11:54:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/etoro-to-limit-us-customers-access-to-four-major-cryptocurrencies\/"},"modified":"2023-06-13T11:54:44","modified_gmt":"2023-06-13T11:54:44","slug":"etoro-to-limit-us-customers-access-to-four-major-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/etoro-to-limit-us-customers-access-to-four-major-cryptocurrencies\/","title":{"rendered":"Etoro to limit US customers&#8217; access to four major cryptocurrencies"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1686652949414-f961de80-fbe7-4354-8c95-66134e02e731-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1686652949414-f961de80-fbe7-4354-8c95-66134e02e731-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1686652949414-f961de80-fbe7-4354-8c95-66134e02e731-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1686652949414-f961de80-fbe7-4354-8c95-66134e02e731-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>eToro is an Israeli multi-asset investment platform widely known for social trading.<\/li>\n<li>eToro will delist ALGO, MATIC, MANA, and DASH for US customers.<\/li>\n<li>US customers can, however, still hold and sell already open positions in these tokens.<\/li>\n<\/ul>\n<p>According to a tweet by <a href=\"https:\/\/coinjournal.net\/brokers\/etoro\/\">eToro<\/a>, four tokens \u2014 ALGO, MATIC, MANA, and DASH \u2014 will be delisted starting July 12, 2023, as the company adjusts its cryptocurrency offering for customers in the US.<\/p>\n<p>The platform claims that the new change won\u2019t have an impact on non-US customers and that US customers can continue to hold and sell any open positions in these tokens.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">From 6:00AM ET on Wednesday July 12th, 2023, US customers will no longer be able to open new positions in Algorand (ALGO), Decentraland (MANA), Dash (DASH) and Polygon (MATIC). Customers can continue to hold and sell existing positions in these coins. (2\/5)<\/p>\n<p>&mdash; eToro US (@eToroUS) <a href=\"https:\/\/twitter.com\/eToroUS\/status\/1668323758199955456?ref_src=twsrc%5Etfw\">June 12, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>eToro makes no mention of the <a href=\"https:\/\/coinjournal.net\/news\/sec-sues-binance-and-cz-for-breaking-us-securities-rules\/\">SEC lawsuit against the two largest cryptocurrency exchanges<\/a>, Coinbase and Binance. It, however, claimed it was taking the action \u201cin light of recent developments.\u201d<\/p>\n<p>In the SEC\u2019s most recent legal actions, the four tokens mentioned in the eToro announcement were classified as securities.<\/p>\n<h2>Similar actions by trading platforms in the US<\/h2>\n<p>The move by eToro comes shortly after one similar one by Robinhood in June. Robinhood declared that, in light of its \u201clatest review,\u201d it would be removing SOL, MATIC, and ADA from its platform.<\/p>\n<p>With the SEC\u2019s recent enforcement strategy toward cryptocurrencies, more businesses may follow in the footsteps of eToro and Robinhood in order to avoid regulatory issues that could further negatively impact users based in the US.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/etoro-to-limit-us-customers-access-to-four-major-cryptocurrencies\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) eToro is an Israeli multi-asset investment platform widely known for social trading. eToro will delist ALGO, MATIC, MANA, and DASH for US customers. US customers can, however, still hold and sell already open positions in these tokens. According to a tweet by eToro, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":21540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21539"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21539"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21540"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}