Daily Trade News

eToro to delist Cardano by 2022 for US users due to regulatory




In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist (ADA) and Tron (TRX) for United States customers by the end of the year.

After Dec. 31, U.S. users will no longer be able to open new positions in the tokens nor stake ADA and TRX. In addition, wallets will be effectively in withdraw-only mode until the first quarter of 2022, when selling will also become limited. In making the decision, eToro cited regulatory concerns surrounding both assets.