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The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.

Popular stock trading platform eToro is ceasing trading for nearly all crypto assets after reaching a settlement with the United States Securities and Exchange Commission.

EToro was charged with operating an unregistered brokerage and clearing agency related to its crypto trading platform.

The trading platform has agreed to pay $1.5 million to settle the charges related to its unregistered brokerage and clearing agency operations, the SEC announced on Sept. 12.

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