Cardano Delisted From eToro?

  • 2 years ago
Cardano is under fire as the Israeli cryptocurrency exchange eToro announced that it plans to delist the token as of December 31st. After that date, U.S. users will not be able to open any new positions on the token, noting regulatory issues surrounding the token. The exchange also plans to delist Tron. For his part, Charles Hoskinson, founder of both Cardano and Ethereum, took to Twitter ($TWTR@US) after the announcement, saying: “and we didn’t even get delisted. Ada is still on eToro and non-US customers can freely trade.” Currently, Cardano is the 6th-largest token by market cap, but it’s struggling on the marketplace, losing 45.9% after reaching an all-time of $3.10 in September. In the past 24 hours, ADA has lost 5.6% against Bitcoin and 8.2% against Ethereum. It lost 6.9% of its market cap in that same time, trading 6.6% lower at $1.68 in early trading on Wednesday.

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