Nov 23, 2021 01:42 PM
(This post was last modified: Nov 23, 2021 07:45 PM by SUI-3183372.)
https://www.etoro.com/en-us/news-and-ana...=Marketing
An eToro update today announces that US users will no longer be able to open new positions in Cardano and Tron and that staking rewards would soon stop. Their decision was made due to "business-related considerations in the evolving regulatory environment".
A quick search doesn't show any regulatory action being taken against Cardano currently. Does anyone have any insight as to what regulatory action could potentially be taken against Cardano and/or Tron? Does eToro know something is coming?
Edit: Should note that in Cardano's case, their entire ICO was based in Japan. US residents could not participate.
An eToro update today announces that US users will no longer be able to open new positions in Cardano and Tron and that staking rewards would soon stop. Their decision was made due to "business-related considerations in the evolving regulatory environment".
A quick search doesn't show any regulatory action being taken against Cardano currently. Does anyone have any insight as to what regulatory action could potentially be taken against Cardano and/or Tron? Does eToro know something is coming?
Edit: Should note that in Cardano's case, their entire ICO was based in Japan. US residents could not participate.
