Cardano founder Charles Hoskinson says he was 'blindsided' by eToro's decision to delist ada for US customers



Charles Hoskinson is a Cardano creator.

Charles Hoskinson is onYouTube.

Cardano founder Charles Hoskinson told his followers that eToro's decision to delist the ada token for US customers had come as a complete surprise.
The TRON Foundation's trx token would be delist by December 26 by eToro. The exchange told Insider that it decided to limit the ability of US customers to open new positions in the two digital currencies because of the rapidly changing regulatory landscape.

Critics have argued that the regulatory landscape in the US for tHe digital currency is not clear yet, but officials believe that regulation is necessary and more policies will be put in place by the year 2022.
The founder of cardano said that he still needed further clarification on the trading platform's decision to delist ada for US customers.
We're so blindsided by it because the trend has been over the last six months, and there's currently nothing we've received.
He said that it was unfortunate that nothing was sent to them.
The decision knocked almost 4.8% off the value of the ada token and sent it to three-month lows.
Ada has been one of the top performers. It's gained around 850% so far this year, making it the sixth largest digital token by market value. It's fallen short of the huge gain in rival solana's sol token, but has beaten the rally of the digital currency.
It's a smaller competitor to the ethereum network because of its ability to host smart contracts and other applications that are key to decentralization.
Some of the biggest exchanges have listed Cardano's ada. It was listed on three different websites this year: on March 19 on Coinbase, on Binance and on Kraken. Bitstamp decided to list ada. The altcoin isn't listed on the platform yet.
The Cardano Foundation, a non-profit organization in Switzerland that is the custodian of the money, is responsible for the reasons that could have been better understood.

The decision of eToro came as a surprise, but Hoskinson was still sanguine.
It doesn't surprise me that these things happen. Everyone has a different desk. Everyone has a different tolerance. He said that everyone has a different customer base.
Business Insider has an original article.