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Trading 212 Gains Crypto License in Cyprus
Trading 212, a popular brand offering cash equities and contracts for differences (CFDs), has secured a crypto asset service provider (CASP) license from the regulator in Cyprus. According to the registry of the Cyprus Securities and Exchange Commission (CySEC), the CASP license was awarded to a local entity named Trading 212 Crypto Ltd on 20 May 2024. The newly formed entity is separate from Trading 212 Markets Ltd, which holds a Cyprus Investment Firm (CIF) license. Under the license, the Trading 212 brand can offer exchanges between crypto assets and fiat currencies, along with custodial services for ... (full story)