Charles Hoskinson the founder of Cardano said on Twitter, this week, that he is surprised by the decision of eToro to delist Ada token for U.S. traders.
eToro, an online Israeli-based trading exchange, said on Tuesday it would delist ada. The exchange will also delist Tron foundation’s Trx token for American users by December 26. Ada has been on eToro since 2018.
According to Insider, eToro argued that “the rapidly shifting regulatory landscape was behind its decision to limit the ability of US customers to open new positions in the two digital currencies.”
Hoskinson founded Cardano in 2015. The software developer said that eToro still needs to further clarify the decision of delisting Ada for US customers.
“There’s currently nothing we’ve received, no regulatory event, no subpoena, nothing from any regulatory agency, no threats of lawsuits, none of these things, that’s why we’re so blindsided by it, because actually, the trend has been over the last six months a significant increase of liquidity on cardano,” Hoskinson said.
