• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Israeli trading firm plans to remove Cardano [ADA] and Tron [TRX] by 2022
Israeli trading firm plans to remove Cardano [ADA] and Tron [TRX] by 2022

Israeli trading firm plans to remove Cardano [ADA] and Tron [TRX] by 2022

November 24, 2021 by Lipika Deka

In a new twist of events, Israeli trading entity eToro has decided to remove Cardano [ADA] and Tron [TRX] from its platform for US users, by the end of this year. According to the press release, the latest announcement meant that customers in the US would be unable to open new positions or collect staking rewards with regards to the two native tokens. However, the trading firm specified that it will facilitate users to close existing positions, they deemed fit.

With regards to the dates, the blog post revealed that the aforementioned delisting of ADA or TRX positions will commence from December 26, 2021. Along with that, staking for those crypto assets will close by 31st December. The trading entity said the decision to delist from its exchange was taken considering the current unfolding events in the regulatory environment.

The move raised eyebrows especially in the case of layer one blockchain Cardano which did not appear to be under the prying eyes of the regulatory bodies. In fact, a few months ago, Charles Hoskinson of Cardano joined hands with an analytics provider Coinfirm to ensure compliance with regulatory guidelines such as Anti-Money Laundering rules [AML] and Financial Action Task Force [FATF] recommendations. On the price front, ADA too has witnessed a steady surge and is currently the 6th biggest by market capitalization.

Crypto-Trading Firms under the radar

Lately, firms operating in the crypto industry have come under intense scrutiny from regulatory agencies in terms of delisting coins or terminating certain services. Earlier in September, Crypto exchange platform, Coinbase decided to pull the plug on its future lending project after the Security and Exchange [SEC] issued a warning to take legal action. Another case is the Ripple Vs SEC where the blockchain firm has been accused of selling $1.3 billion worth of the crypto asset XRP in unregistered securities offerings. Similarly, Privacy coin Monero is also facing the heat due to rising concern of being misused for illicit activities.

Nevertheless, the burgeoning growth of decentralized exchanges [DEX] and decentralized finance [DeFi] protocols have provided popular alternatives for those seeking to legally avoid such clampdowns.

Filed Under: News Tagged With: ADA, Crypto Regulations, Decentralized exchanges

Primary Sidebar

Recent Posts

  • Ethereum Eyes $3,000 After Testing Critical Wyckoff Resistance Zone June 19, 2025
  • Best Crypto Casinos Canada: 5 Most Trusted Canadian Casino Sites For Gamblers (Exclusive Bonuses) June 19, 2025
  • Dogecoin Triggers Rare Bearish MACD Crossover; Eyes Drop to $0.12 June 19, 2025
  • Trump Cryptocurrency Discussions Focus on Regulation, Bitcoin Solaris Focuses on Making TRON-Level Returns June 19, 2025
  • Nobitex Breach: Iran Limits Crypto Exchange Hours After $100 Million Hack June 19, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.