eToro Bows Out of Crypto Trading: A Comedy of SEC Errors

eToro halts crypto trading following an SEC settlement, joining Robinhood in the hot seat as the SEC scrutinizes retail trading apps.

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Published: September 12, 2024 3:25 pmAdded: September 12, 2024 at 8:45 amAssembled by: The Editor
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Hot Take:

eToro is pulling the plug on crypto trading faster than you can say “blockchain!” Who knew that the SEC would be the ultimate hodler, clutching regulations with diamond hands?

Key Points:

  • eToro halts crypto trading due to a settlement with the SEC.
  • SEC scrutinizes retail stock trading apps offering crypto services.
  • Robinhood received a SEC warning in May for its crypto offerings.

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