eToro has reached a settlement with the U.S. Securities and Exchange Commission (SEC). 🚀
- eToro will pay $1.5 million for operating as an unregistered broker and clearing agent.
- It will cease trading cryptocurrencies other than Bitcoin, Bitcoin Cash, and Ether.
- This settlement clarifies the SEC’s perspective on cryptocurrencies and reinforces Ether’s status as a commodity.
Encouraging developments for blockchain technology and cryptocurrencies! 🌐