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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


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Robinhood to delist ADA, MATIC and SOL

June 12, 2023 By Crypto Reporter

Robinhood, a US-based popular trading platform, has decided to delist Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th – the three tokens that were identified as securities by the Securities and Exchange Commission (SEC) in the recent lawsuits against Binance and Coinbase.

Image via ccnull

According to the company, customers will be able to continue to buy, sell and hold ADA, MATIC, and SOL until the deadline. After the deadline, any ADA, MATIC, and SOL left in customers’ accounts will be automatically sold for market value.

After the delisting, the platform will still offer the trading for 15 different crypto currencies, including BTC, ETH, and LTC, which were not considered as securities in the SEC lawsuits.

More news:

  • etoro
    eToro to delist ALGO, MANA, DASH and MATIC
    June 14, 2023

Filed Under: General News, Latest News, News Tagged With: ADA, cryptocurrencu, MATIC, news, regulations, Robinhood, SEC, SOL, USA

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