eToro, the multi-asset investing platform, has announced that on 29 June 2023 the Bank of Spain has “approved the registration of eToro as a service provider of exchange of virtual currency for fiat currency and electronic wallet custody services.”
Tali Salomon, eToro’s Regional Manager for Iberia and LatAm, said:
“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. As a multi-asset platform which has been a long standing supporter of crypto and blockchain technology, we are proud to have received this registration from the Bank of Spain. We will continue to empower our Spanish users by providing them with access to a diverse range of asset classes, investment tools and educational resources to enable them to grow their knowledge and wealth.”
eToro (Europe) Digital Assets Ltd. has “been registered in the Virtual Asset Service Provider Register maintained by the Bank of Spain under code number D848 as a service provider of exchange of virtual currency for fiat currency and electronic wallet custody services.”
eToro is the multi-asset investing platform “that empowers users to invest, share and learn.”
It is a collaborative investment community “designed to provide users with the tools they need to grow their knowledge and wealth.”
On eToro, users can “hold a range of traditional and innovative assets and choose how they invest: trade directly, invest in a portfolio, or copy other investors. eToro offers a vast array of educational tools, tutorials and articles tailored to both novice and experienced investors, plus a virtual portfolio so users can learn by doing – investing with no risk using virtual money.”
As noted in the update, eToro is the investing platform “that empowers you to invest, share and learn.”
They were founded in 2007 “with the vision of a world where everyone can trade and invest in a simple and transparent way.” Today they reportedly “have over 32 million registered users from more than 100 countries.”
They believe there is power “in shared knowledge and that we can become more successful by investing together.” So they’ve created “a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth.”
On eToro, you can hold “a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors.”
