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Keep up with what's happening in the crypto world in real-time.

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cover-imageBenzinga
September 13, 2024

Gary Gensler-Led SEC Directs Crypto Firm To Halt Trading For All Coins But Bitcoin, Ethereum, And Bitcoin Cash — What Does It Mean?

A key detail revealed as part of the SEC's settlement with the cryptocurrency platform eToro has suggested a drastic shift in the agency's perspective on Ethereum (CRYPTO: ETH). What Happened: According to a press release on Thursday, the SEC found that the U.S. arm of the Israel-based multi-asset company's operations violated federal securities laws by allowing the trading of cryptocurrencies as securities.

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