eToro announces AMF approval for registering as digital asset service provider
Online broker eToro announces that it has received the long-awaited AMF (Autorité des Marchés Financiers) approval for registering as a digital asset service provider, pursuant to French law.
This means that from today, all of eToro clients from France and French territories will be able to invest in non-leveraged crypto (BUY) positions as the underlying asset (REAL).
The broker notes that Sell and leveraged positions on crypto will be traded as CFDs. Also, eToro will not be converting existing positions from CFD to the underlying asset (REAL). Any existing CFD positions will remain as they are in your portfolio.
The above is applicable to the following countries in France and territories: France, French Polynesia, French Southern, Guadeloupe, Martinique, Mayotte, New Caledonia, Saint Pierre, Wallis, and Futuna, Reunion Island, French Guiana, Saint Barthelemy, Saint Martin.