eToro, the popular social trading platform, has officially received approval from the Cyprus Securities and Exchange Commission (CySEC) to operate crypto services across Europe under the new MiCA (Markets in Crypto-Assets) regulatory framework.
This approval makes eToro one of the first companies to be authorized under MiCA, allowing it to provide regulated crypto services across EU member states. However, before fully rolling out, eToro must notify each country individually as part of the regulatory process.
What This Means for Crypto Adoption in Europe
MiCA is set to standardize crypto regulations across the EU, providing clearer rules for exchanges, brokers, and investors. With this license, eToro is well-positioned to expand its crypto offerings, giving European users access to a secure and transparent trading environment.
According to eToro, regulatory clarity will help increase crypto adoption while ensuring consumer protection and financial stability.
“As early adopters of crypto, we believe this asset class is key to a well-diversified portfolio,” eToro representatives stated.
eToro’s Upcoming IPO and Compliance Milestones
This regulatory win comes at a crucial time for eToro, as the company recently filed for an Initial Public Offering (IPO) in the U.S. While details remain scarce, this move signals major growth ambitions for the company.
Beyond securing its MiCA license, eToro also obtained SOC 2 Type II Compliance Certification after a successful audit by Grant Thornton. This certification ensures that eToro’s data security, privacy, and confidentiality standards meet industry best practices, a crucial factor for safeguarding client assets in the crypto space.
More Companies Join the MiCA Wave
eToro isn’t the only major player embracing MiCA’s new regulatory landscape. OKX, another leading cryptocurrency exchange, announced that it secured its MiCA license on February 18, 2025.
With more companies coming under the MiCA framework, Europe is on its way to becoming a more structured and accessible market for digital assets.
Final Thoughts
With eToro’s expansion into regulated crypto services in Europe, its upcoming IPO, and increased focus on compliance, the company is setting itself up for a strong future in the financial and crypto sectors.
