Particle.news
Download on the App Store

eToro Secures MiCA Approval in Germany, Shifts Crypto Trading to eToro EU

German clients must accept updated terms to keep trading access under the new framework.

Overview

  • All crypto trades for German users will now run directly through eToro EU, ending the use of DLT Finance for trading services.
  • Existing crypto holdings remain in custody with Tangany GmbH, with withdrawals available subject to Tangany’s procedures.
  • Users receive a login prompt to accept revised Terms and Conditions, and those who decline will lose access to trading.
  • eToro is authorized under MiCA but operates as the counterparty rather than a MiCA trading platform, with some transactions executed outside regulated venues.
  • The company recently added five tokens with restrictions, expanded EU deposit options and cut FX fees, launched a UK DIY ISA, and separately filed for a U.S. IPO.