eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits
As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in.
eToro, one of the powerhouse platforms in financial trading, has reiterated its commitment to crypto and demonstrated a willingness to work in compliance with industry regulations.
We remain a supporter of crypto and believe in the importance of offering our users access to a diversified range of asset classes. This means working closely with regulators globally to shape the future of the crypto industry and champion access for the ordinary investor.
The assertion comes as the US Securities and Exchange Commission (SEC) continues to cast its hawkish eye on crypto platforms, with industry giants Binance and Coinbase on the frontline.
Noteworthy, eToro's comments are not without warrant, considering the platform offers some of the tokens that the SEC deemed securities - Cardano (ADA), Polygon (MATIC), Solana (SOL), Algorand (ALGO), Filecoin (FIL), Decentraland (MANA), and the Sandbox (SAND).
Nevertheless, an eToro spokesperson has since explained that the company has a structure in place that makes it possible to review the digital assets offered on the platform with full cognizance of the evolving regulatory landscape in the crypto realm.
The platform has recently integrated with Twitter, in a joint collaboration meant to enable users on the giant social media application to invest in crypto through eToro while viewing real-time prices.
While the eToro platform's financial trading services include stocks and crypto, it is not alone because other industry peers like Robinhood launched a crypto trading service in
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