Cardano's ada token has dropped.
Diamond vines.
The TRON Foundation's tron token will be delist from December 26 by eToro.
The Israeli exchange decided to delist the two cryptocurrencies because of regulatory concerns. Users in the US will no longer be able to buy ada or tron from Boxing Day onwards.
An eToro spokesman told Insider that the regulatory landscape for cryptocurrencies is evolving rapidly. We will be limiting the ability for US users to open new positions or earn staking rewards.
Cardano has surged this year but has struggled recently. At the start of the year, it was 18 cents, but then rocketed to an all-time high of $3.10 in September. It is still the sixth-largest coin by market cap.
An eToro representative said that they were disappointed to take this step.
It was a surprise to the community after BitStamp announced it would list cardano. Concerns were downplayed by Hoskinson.
He responded to a comment about the BitStamp listing by saying they didn't get delisted. Non-US customers can freely trade with Ada.
The native token for the TRON Foundation, tron, will be delist by eToro. The price of tron has risen from 3 cents to 10 cents this year, and is currently the 30th-largest coin by market value.
Business Insider has an original article.
