eToro Europe Ltd. has secured authorization to provide cryptocurrency services in Germany under the Market in Crypto-Assets (MiCA) framework. This regulatory approval allows eToro EU to operate within a compliant environment for cryptoasset trading.
Beginning on or about October 30, 2025, all trading services related to cryptoassets will be handled directly by eToro EU. Users in Germany will no longer have access to services offered through DLT Finance on the eToro platform. However, trading activities will continue without interruption on the eToro platform. To maintain access to trading, clients are required to accept the updated Terms & Conditions, which will be displayed via a pop-up when they next log in.
Currently, there will be no changes to how clients’ cryptoassets are held, and existing positions will remain intact. However, clients, by accepting the new terms, agree that eToro EU may potentially offer custody services in the future.
It is important to note that while eToro EU is now authorized under MiCA, it does not serve as a trading venue akin to a stock exchange where buyers and sellers transact directly. Instead, eToro acts as the counterparty to trades and securely facilitates these transactions. As such, trades may be executed outside of regulated MiCA trading venues.
For clients who do not accept the updated Terms & Conditions, access to trading cryptoassets would be removed after October 5, 2025. Nevertheless, any existing cryptoassets will continue to be securely held with Tangany GmbH, and clients will have the option to withdraw their assets to another custodian if needed, following the respective custodian’s terms.
In summary, the main changes with the updated Terms & Conditions include the assumption of all cryptoasset trading responsibilities by eToro EU, with custody of cryptoassets remaining unchanged for the time being. Existing positions will continue as they are, shifting from previous local arrangements to MiCA-regulated operations. Future provisions may include custody options directly from eToro EU, with notifications provided to clients beforehand.