eToro Secures MiCA License to Expand Crypto Services Across Europe
Israel-based online broker eToro has received approval from the Cyprus Securities and Exchange Commission (CySEC) to provide crypto services across Europe under the Markets in Crypto-Assets (MiCA) framework. This authorization allows eToro to operate within Europe’s unified crypto regulatory environment, though it must submit notifications to individual EU member states.
The approval comes shortly after eToro confirmed its filing for an Initial Public Offering (IPO) with US regulators, though details such as valuation, underwriters, and timing remain undisclosed.
Commitment to Regulation & Consumer Protection
eToro reaffirmed its support for regulations that promote consumer protection, financial stability, and market transparency. As an early adopter of crypto, the company believes digital assets play a key role in a diversified investment portfolio.
eToro was among the first to secure authorization under MiCA, alongside cryptocurrency exchange OKX, which received its license on 18 February 2025.
Advancing Crypto Adoption in Europe
The company highlighted that MiCA’s regulatory clarity and uniform market rules will drive broader crypto adoption across Europe while ensuring consumers remain informed of associated risks.
Additionally, eToro has achieved SOC 2 Type II Compliance Certification, issued by Grant Thornton, verifying that its systems meet industry standards for data security, privacy, and confidentiality—a crucial step for safeguarding client data in the crypto space.
