Spain Registers eToro as Crypto Exchange, Custody Services Provider

The Bank of
Spain has registered eToro as a virtual asset exchange and electronic wallet
custody services provider in the country. The Israel-based social trading and
investment firm announced the development today (Friday),
noting that it secured the registration about a month ago.

eToro said
the registration is to enable the company to provide fiat-to-crypto exchange services in Spain. The registration was granted
to eToro
(Europe) Digital Assets Limited.

Commenting, Tali
Salomon, eToro’s Regional Manager for Iberia and Latin America, reiterated the global multi-asset trading company’s commitment to providing its Spanish users with
access to a wide range of asset classes, investment tools and educational
resources.

“This
registration is a testament to our commitment to operating a growing business
which prioritises consumer protection while also nurturing innovation and
ensuring access for individual investors,” Salomon stated.

The Bank of
Spain has registered eToro as a virtual asset exchange and electronic wallet
custody services provider in the country. The Israel-based social trading and
investment firm announced the development today (Friday),
noting that it secured the registration about a month ago.

eToro said
the registration is to enable the company to provide fiat-to-crypto exchange services in Spain. The registration was granted
to eToro
(Europe) Digital Assets Limited.

Commenting, Tali
Salomon, eToro’s Regional Manager for Iberia and Latin America, reiterated the global multi-asset trading company’s commitment to providing its Spanish users with
access to a wide range of asset classes, investment tools and educational
resources.

“This
registration is a testament to our commitment to operating a growing business
which prioritises consumer protection while also nurturing innovation and
ensuring access for individual investors,” Salomon stated.