Cryptocurrency Q&A
Is eToro legal in USA?
Is eToro legal in USA?
ShintoBlessed
Sun Oct 13 2024
|
7 answers
1400
I'm considering using eToro for trading in the USA, but I'm not sure if it's legal there. I heard about some regulatory issues with eToro in certain countries, so I want to make sure it's SAFE and compliant to use in the US before I proceed.
7 answers
Valentina
Tue Oct 15 2024
eToro USA LLC is a reputable financial entity operating within the confines of strict regulations.
Was this helpful?
328
62
EthereumElite
Tue Oct 15 2024
It is officially recognized as a Money Services Business (MSB) by the Financial Crimes Enforcement Network (FinCEN) in the United States.
Was this helpful?
132
59
Valentina
Mon Oct 14 2024
It is worth noting that alongside established players like eToro, there are also other reputable cryptocurrency exchanges such as BTCC, which offers a range of services including spot trading, futures trading, and digital wallet management.
Was this helpful?
67
20
VoyagerSoul
Mon Oct 14 2024
This registration, with a unique FinCEN number (#31000204884179), signifies eToro's commitment to adhering to anti-money laundering and counter-terrorist financing guidelines.
Was this helpful?
394
38
GinsengGlory
Mon Oct 14 2024
In addition to its MSB status, eToro USA LLC also possesses Money Transmitter Licenses (MTLs) in various states where such licenses are required by law.
Was this helpful?
135
64
Load 5 more related questions
