eToro receives virtual asset registration from Bank of Spain

eToro, the multi-asset investing platform, has announced today 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.