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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.
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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