eToro US Halts Purchases of ALGO, MANA, MATIC, DASH

eToro US stops sales of ALGO, MANA, MATIC, DASH 

eToro US, a retail trading platform, has suspended purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash for its US customers. This decision was made in response to the recent Securities and Exchange Commission (SEC) lawsuits that classified these tokens as securities. The move follows Robinhood's similar decision to halt support for MATIC, Cardano (ADA), and Solana (SOL). eToro US clarified that users can still hold and sell these assets but will not be able to purchase them. The company stated its commitment to working with regulators and supporting the crypto industry for ordinary investors.