Cryptocurrency Analysis and News Portal
Crypto investment platforms eToro and M2 received various degrees of approval to offer their services in the United Arab Emirates from the ADGM Financial Services Regulatory Authority, which oversees the UAE’s international financial center, the Abu Dhabi Global Market (ADGM).EToro received approval for a Financial Services Permission (FSP) that allows a
Read More
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
Read More
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
Read More
Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide by securing new regulatory approval in Europe.eToro has received the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), the firm officially announced on Sept. 21.According to eToro, the registration will authorize it to offer
Read More
Australia’s financial regulator has sued trading platform eToro over one of the leveraged trading products it offered to retail investors, alleging inappropriate screening tests caused thousands of users to lose money.The Australian Securities and Investments Commission (ASIC) said on Aug. 3 it commenced Federal Court proceedings over eToro’s contract for
Read More
New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to a Fortune report, trading of Solana (SOL), Polygon (MATIC), and Cardano (ADA) has been suspended.The decision follows last week's lawsuits brought by the Securities and Exchange Commission (SEC) against
Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
Read More
The delisting of these crypto assets by eToro may hurt their prices and liquidity as they will lose access to a large and active customer base. eToro, a leading global trading platform, has announced that it will stop offering four crypto assets to its US customers. Beginning from July 12, 2023,
Read More
Retail trading platform eToro has halted purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) for customers in the United States in response to their labeling as securities in recent SEC lawsuits.The move comes just a few days after competitor Robinhood also halted support for MATIC and two other
Read More
The financial service provider eToro and Twitter recently announced a partnership, which allows users on the social network platform to trade cryptocurrencies and stocks. This development follows a statement made by former Twitter CEO Elon Musk who said he wants to make Twitter “the biggest financial institution in the world.”Cryptox sat
Read More