The U.S. Securities and Exchange Commission (SEC) has reached a settlement with cryptocurrency trading platform eToro, stating that it considers Ethereum to be a non-security. As part of the settlement, eToro will cease trading in most cryptocurrencies except for Ethereum, Bitcoin, and Bitcoin Cash. The platform has agreed to pay a $1.5 million fine. The SEC accused eToro of violating certain securities laws but did not formally charge or settle with the company. Previously, eToro removed Dash and Algorand from its platform after they were classified as securities by the SEC. Additionally, eToro faced a lawsuit from the Australian markets regulator over its leveraged derivative contract related to cryptocurrencies.



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