eToro is limiting Cardano and TRON for all users in the United States, according to a news release by eToro on Tuesday.

  • Beginning December 26, US users will not be able to open new ADA or TRX positions, and staking on the assets will not be available by December 1.
  • eToro stated that business-related considerations in the changing regulatory environment informed their decision.
  • After January 15, 2022, US users would not be able to stake on reward payouts, with final rewards being paid out in USD.
  • US users will still be able to hold their ADA and TRX positions and the closing of the position at any time with the commitment that they will pay out in USD.
  • The exchange stated that it will not force users to sell their positions at this moment.

Any holdings will be converted to open positions in the users’ personal portfolios for the user to decide on whether to sell or hold. ADA USD down -4.32%, TRX USD down -3.46%