the broker eToro is officially registered as a digital asset service provider (PSAN) with the financial markets authority AMF. Also, it will be difficult to offer fully compliant digital services. This will continue to develop the company’s marketing strategy in France.
eToro I am registered with theMFA as long as PSAN.
After approval, eToro signed an agreement to provide services in cooperation with the French regulator. Therefore, eToro (Europe) Limit will be able to provide fully compliant digital asset purchasing services to all your French customers and will now be able to advertise and develop its marketing strategies in the region.
The regional director of France ofeToroImmanuel sacman : “We are proud to have received this commitment from the Autorité des marchés financiers. France is an important market for us and we are delighted to be able to enable our French users to invest directly in digital assets.
Also, I added that the goal ofeToro it’s about making investing accessible to as many people as possible. The exchange supports all regulatory measures that allow retail investors. This while not excluding any of those who stand to benefit the most, nor stifling innovation.
Also read: Colombia Seeks to Comply with Bill to Regulate Crypto Exchanges.
For both novice and more experienced users, eToro offers a wide range of tools for trading in the most classic forms. The financial instruments available on the platform include stocks, cryptocurrencies or commodities. With over 27 million customers worldwide, eToro express your desire to continue to grow your community through webinars, courses, news analysis and market analysis.
An overview of the PSAN
PSAN, for Digital Asset Service Providers, is an authorization to provide certain services related to crypto-currencies in particular.
Financial market participants wishing to enable their clients to buy and sell digital assets. It also makes it possible to exchange or keep these assets, and to allow their exploitation on their platform. Stock exchanges must still be registered with the AMF and obtain this PSAN certificate. They must also work with Prudential Control and the Resolution Authority, with the Banque de France.
The news comes directly to recent recording of Binance near theMFA. This marks that the biggest wish platform will comply with the various regulators.
Bonus: Washington has increased the electricity rate for bitcoin miners by 29%.