🚀 Big news in the crypto world! eToro has agreed to settle charges with the SEC, paying a $1.5M fine for operating as an unregistered broker and clearing agency. This means eToro will now only trade BTC, BCH, and ETH.

Why is this significant? 🤔 The SEC's stance on these assets as commodities, not securities, offers a glimpse into future regulations.

Top lawyers weigh in: Joseph Tully notes the SEC's focus on BTC, BCH, and ETH, while Joshua Klayman urges caution, highlighting the lack of specific asset allegations.

What do you think? Is this a win for clarity or a setback for innovation? Share your thoughts below! 💬