Tag Archives: etoro

Within the next six months, the United States arm of the financial services company, eToro, would cease trading almost all crypto assets on its platform due to a new order from the Securities and Exchange Commission (SEC). According to a press release from the SEC, eToro has violated federal securities laws since at least 2020. As a result, the exchange would pay a fine of $1.5 million and make a limited set of cryptocurrencies available for trading. SEC Announces Settlement...

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CoinspeakerPhilippines SEC Moves on eToro, Says Platform Offers Unregistered Securities Despite eToro's giant status and popularity, the Philippine finance regulator would not allow unregulated crypto business. Philippines SEC Moves on eToro, Says Platform Offers Unregistered Securities

CoinspeakerSuper Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses. Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads

eToro’s foray into the UAE comes amidst a period of global expansion for the platform. The retail and social trading giant eToro recently announced that it has received a license from the Abu Dhabi Global Market (ADGM) to operate as a broker in securities, derivatives, and crypto assets in the United Arab Emirates (UAE). eToro Bags Significant License Yoni Assia, the Founder and CEO of eToro, expressed his enthusiasm, stating: “It is a key milestone in our continued global expansion....

The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB).  The move follows the footsteps of Binance, another digital asset trading platform that withdrew from the market earlier this year due to...

The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad, which includes exploring new markets and contemplating relocating entirely out of the country. In contrast, Europe has become an attractive destination for crypto firms seeking a more favorable regulatory environment. Several...

eToro will be in a position to offer cross-border crypto services after the EU’s Markets in Crypto Assets (MiCA) regulatory framework goes into effect in December 2024. An investing platform with over 32 million registered users, eToro, has announced that it is ready to offer crypto-related services in the European Union (EU) after its application for registration under the Crypto Asset Service Provider (CySEC CASP) was approved. The company, however, announced that its Europe entity will...

eToro, die Trading- und Investmentplattform, hat heute bekannt gegeben, dass ihr Antrag auf Registrierung unter dem CySEC CASP (Crypto Asset Service Provider) Register genehmigt wurde. Damit macht eToro den bestehenden Bitcoin-Börsen konkurrenz. Die Registrierung versetzt eToro in die Lage, regulierte Krypto-Dienstleistungen in allen EU-Ländern auf grenzüberschreitender Basis über eine einzige Einrichtung, nämlich eToro (Europe) Digital Assets Ltd, anzubieten, sobald die EU-Verordnung über...