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Crypto broker eToro says it will delist cardano and tron for US customers by the end of the year because of regulatory concerns
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eToro has surprised crypto investors by announcing it will delist cardano's ada token and the TRON Foundation's tron token for US customers from December 26.
The Israeli exchange cited regulatory concerns as the reason for its decision to delist the two cryptocurrencies. From Boxing Day, US-based users will no longer be able to buy ada or tron, while staking for those assets will end on December 31.
«The regulatory landscape for crypto is evolving rapidly,» an eToro spokesperson told Insider. «As a result, we will be limiting the ability for US users to open new positions in, or earn staking rewards for, ADA and TRX.»
Cardano, which was founded in 2015 by ethereum co-founder Charles Hoskinson, has surged this year but struggled
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