Online broker eToro today announced that its EU subsidiary eToro (Europe) Ltd has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) allowing the company, subject to submitting the relevant notification to all member states, to provide crypto services across the EU under the Markets in Crypto-Assets Regulation (MiCA).
Avi Sela, Chief Operating Officer – Regulation at eToro, said:
“As a multi-asset trading and investing platform we appreciate the importance of regulation to protect consumers, support financial stability, facilitate transparency, and build trust. eToro was an early adopter of crypto and we continue to believe that this emerging asset class can have a role to play in a well diversified investment portfolio.
“We welcome the introduction of MiCA and are proud that with the grant by CySEC of our permit we are able to provide cryptoasset services to our users across…
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