simply
- ETORO added 12 password assets to US traders last year with a SEC -centered scale back.
- The new product followed the IPO Road Show and renewed the US growth ambition.
- In 2024, the company decided to claim SEC at a fine of $ 1.5 million and maintained only three assets for US customers.
The online trading platform ETORO has added 12 cryptocurrencies to the US platform on Wednesday that it has expanded its country’s digital assets after scaling rapidly last year due to regulatory constraints.
The new tokens available to US users include Cardano, Dogecoin, XRP, and SHIBA INU, bringing the total assets to 3-15.
This token joins Bitcoin, Ether Leeum and Bitcoin cash. This is the only password asset provided by the company after agreement with the US Securities and Exchange Commission in 2024.
Andrew McCormick of Etoro US said, “Of course, we have done a lot of hard work and research, and we thought that time was especially when the time was especially IPO.” “And (a) There are many excitement, there are many opportunities, and we think it will be a real victory for customers.”
ETORO claims to provide services to more than 40 million registered users in 75 countries. Cryptography is one of the largest multi -asset trading platforms in the world, but has been temporarily reduced in the United States.
Cryptocurrency accounted for 37%of the transaction fee in the first quarter of 2025.
This expansion occurs in a more friendly regulatory environment according to the Trump administration and indicates a new driving force by the Israeli -based platform. Expand the existence of the United States, including the launch IPO Road Show earlier this month. We aim to evaluate up to $ 4 billion.
September 2024, SEC stable With ETORO, Crypto assets, which have been criticized as a broker dealer and liquidation agency, are considered securities.
ETORO paid $ 1.5 million, and only three out of 74 tokens removed dozens of tokens from the US platform.
“The settlement was completely voluntary, and we did not admit or deny anything.”
“As part of the voluntary process, we decided to bring some assets from the platform, but the agreement also provided the ability to add assets to the platform when we thought it was right and appropriate.”
edit Sebastian Sinclair
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