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eToro US to Halt Cryptocurrency Trading Operations in Wake of SEC Settlement - Pays $1.5 Million Fine

eToro US to Halt Cryptocurrency Trading Operations in Wake of SEC Settlement - Pays $1.5 Million Fine

In a move that has sent shockwaves through the fintech industry, eToro US has announced its decision to discontinue nearly all cryptocurrency trading services. This decision comes in the aftermath of a settlement with the US Securities and Exchange Commission (SEC), in which the popular trading platform agreed to pay a hefty $1.5 million fine.