eToro, the online trading platform, has announced that it has received virtual asset registration from the Bank of Spain for its exchange and wallet services. The registration reflects eToro’s commitment to consumer protection and innovation.
eToro, the multi-asset investing platform, has announced that it has received virtual asset registration from the Bank of Spain for its exchange and wallet services.
The registration allows eToro users in Spain to enjoy the convenience and security of trading and storing virtual currencies on the platform.
eToro has been making waves in the financial world, having received a $3.5 billion valuation earlier this year.
The platform has also partnered with Twitter to offer payments and financial features to the social media giant.
Recently, eToro announced that it has created a passive investor portfolio consisting of shares from 40 leading fintechs.
A Milestone for eToro
Tali Salomon, eToro’s Regional Manager for Iberia and LatAm, expressed her excitement over the registration.
She stated that the registration is a testament to eToro’s commitment to consumer protection, innovation, and individual investor access.
As a multi-asset platform, eToro has been supporting crypto and blockchain technology for a long time.
With the Bank of Spain’s registration, eToro is proud to continue providing Spanish users access to a diverse range of asset classes, investment tools, and educational resources to help them grow their knowledge and wealth.
The registration means that eToro users in Spain can trade and store virtual currencies on the platform with confidence and peace of mind. eToro offers users a range of virtual currencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more.
Users can enjoy eToro’s trading features, such as copying, socializing, and managing portfolios. They can also trade derivatives with high leverage.
