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
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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
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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
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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
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Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator. Source
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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
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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
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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
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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,
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eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities. Source
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