(MENAFN- Investor Brand Network) Retail trading company eToro has
halted the majority of its crypto offerings
in the United States as part of a settlement with the U.S. Securities Exchange Commission. This decision comes after the SEC raised concerns over eToro's compliance with securities laws.

As part of the agreement, eToro will pay a $1.5 million penalty to address accusations that it acted as an unregistered broker and clearing agency for crypto transactions. The regulator accused eToro of allowing its U.S. users to trade digital assets, which the agency considers to be securities, without meeting the...

Read More>>

About CryptoCurrencyWire

CryptoCurrencyWire
(“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within
the
Dynamic Brand Portfolio
@
IBN
that delivers :
(1) access to a vast network of wire solutions via
InvestorWire
to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ;
(2) article and
editorial syndication to 5,000+ outlets ;
(3) enhanced
press release enhancement
to ensure maximum impact ;
(4)
social media distribution
via IBN to millions of social media followers ;
and (5) a full array of tailored
corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text“CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published:
/Disclaimer

CryptoCurrencyWire
New York, NY

212.994.9818 Office
[email protected]

CryptoCurrencyWire is powered by
IBN

MENAFN20092024000224011066ID1108698516