US users will no longer be able to trade $ALGO.X, $MANA.X, $DASH and $MATIC.X

This certainly appears to be in response to the SEC's lawsuit of Coinbase. And Gary Gensler should be pleased that his plan is working. By going after one exchange, the others are self regulating and falling into line.

Coinbase however is digging their feet in and operating "as usual" until the suit plays out.

It's early, but so far the SEC is winning