Online broker eToro will be limiting ADA and TRX for clients in the US. These clients will no longer be able to open new positions in, or receive staking rewards for, Cardano (ADA) and TRON (TRX). Traders will still be able to close existing positions as they see fit.

US clients of eToro will not be able to open new ADA or TRX positions starting on December 26, 2021. Additionally, staking for those assets will end on December 31, 2021.

The broker blames these changes on “business-related considerations in the evolving regulatory environment”.

Traders will still be able to securely hold existing positions of Cardano (ADA) and Tron (TRX). They can close positions at any time — meaning they can still sell their ADA and TRX on eToro and receive USD. Staking rewards will no longer be offered to US users for both assets, with the final reward payout going to users on January 15, 2022. This reward will be paid in USD.

The broker says it is working on making the eToro Money crypto wallet compatible with these two assets. It should come early 2022.

If you are invested in a Smart Portfolio that includes these assets, they will be converted to open positions in your personal portfolio, available to be held or closed at your discretion.

If you are copying someone who holds ADA and TRX in their portfolio, it is up to their discretion on how they want to handle these holdings. They may opt to sell their holdings — if this should happen, your copy holdings would also be sold, as is standard whenever someone you’re copying sells their holdings.

Users, including US Popular Investors, will not be able to open any new ADA and TRX holdings after the limitation is implemented. Any remaining holdings will be removed from the CopyTrader portfolio and replaced with an open position in your personal portfolio in early 2022.

Please note that, in the first quarter of 2022, eToro will limit the selling of holdings as well. This will not happen for at least 30 days after eToro offers support for redeeming traders\ ADA and TRX coins to the eToro Money crypto wallet.