eToro Secures CySEC Permit For EU Crypto Services

eToro, the trading and investing platform, announced that its EU subsidiary, eToro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC). This permit is subject to the required notifications to all EU member states.

Once completed, it allows the company to offer crypto services across the European Union under the Markets in Crypto-Assets Regulation (MiCA).

eToro Strengthens Security And Transparency In Crypto Trading

Believing in the power of shared knowledge and collaborative investing, eToro equips users with tools to develop financial expertise and grow wealth.

Investors can hold a variety of traditional and innovative assets and choose their investment approach—whether trading independently, investing in a portfolio, or mirroring other investors. For the latest updates, please visit the media centre.

By delivering multi-asset investment services under both MiCA and MiFID, eToro strengthens investor protection, increases transparency, and ensures strict regulatory oversight. This approach creates a safer and more reliable trading environment for users in the EU.

Additionally, eToro recently earned its annual SOC 2 Type II Compliance Certification, with auditor Grant Thornton giving the platform the highest rating for operational excellence in crypto asset custody operations.

eToro focuses on empowering individuals to invest, share, and learn. Founded in 2007 with a vision of simplifying trading and investing, the platform has evolved into a global community of over 38 million users.

eToro is a social trading and multi-asset investment company from Israel that focuses on contracts for difference. Yoni Assia, Ronen Assia, and David Ring founded the company in 2007 in Tel Aviv. The headquarters is in Central Israel. At the beginning of 2024, eToro had 35.5 million registered users and over 3 million funded accounts.

eToro Expands Crypto Services Across Europe With MiCA Approval

Avi Sela, Chief Operating Officer – Regulation at eToro, said the company recognized the importance of regulation in protecting consumers, ensuring financial stability, promoting transparency, and building trust.

He also said eToro had been an early adopter of crypto and remained confident the asset class could contribute to a well-diversified investment portfolio.

According to Sela, the company welcomed MiCA’s introduction and was proud CySEC’s permit enabled eToro to offer cryptoasset services across the EU. He said the regulatory framework and uniform market rules under MiCA would encourage broader crypto adoption in Europe while ensuring consumers remained aware of potential risks.

eToro now serves over 38 million registered users across 75 countries, with Europe as its largest market globally. The platform gained early recognition by introducing bitcoin trading in 2013 and now provides access to more than 100 cryptoassets.

This is alongside a broad multi-asset suite, including stocks, ETFs, indices, commodities, currencies, and thematic Smart Portfolios.