Crypto: eToro Gains MiCA License

EToro Gains MiCA License for EU Crypto Services Expansion

• EToro received regulatory approval under the EU’s Markets in Crypto-Assets (MiCA) framework.
• The approval came from the Cyprus Securities Exchange Commission.
• MiCA regulation requires firms to acquire a crypto asset service provider license (CASP).
• The regulation took full effect in December, covering a 27-nation trading bloc.
• Approval also extends to Iceland, Liechtenstein, and Norway.
• EToro joins other licensed exchanges like Bitpanda, OKX, and Crypto.com.

EToro has secured a MiCA license from the Cyprus Securities Exchange Commission, enabling it to offer cryptocurrency services across the European Economic Area. This follows MiCA’s implementation in December, standardizing crypto regulations across 27 nations.