Market News

EU Crypto Landscape Shifts as BitGo and Etoro Expand Horizons

In a significant development, BitGo has received approval from Germany’s BaFin to launch regulated crypto trading across Europe.

This marks a crucial milestone in the evolution of the EU's cryptocurrency market, allowing institutional investors access to a more streamlined trading experience.

Until now, BitGo primarily focused on custody and staking services, but with this new license, it will also provide over-the-counter and electronic trading for a variety of digital assets and stablecoins.

Simultaneously, Etoro Europe Ltd. has secured authorization under the EU's Markets in Crypto-Assets Regulation to enhance its crypto trading capabilities in Germany.

Starting October 30, 2025, Etoro will enable direct crypto trading while maintaining customer asset custody partnered with Tangany GmbH.

These advancements not only highlight the improved regulatory landscape but also signify a growing institutional interest in the region.

According to industry experts, these developments could lead to accelerated adoption of cryptocurrencies among large-scale investors.

As the EU positions itself as a global crypto hub, firms like BitGo and Etoro are paving the way for a more secure and compliant trading environment.

Investors must remain vigilant and adapt to these shifts to capitalize on the emerging opportunities in the vibrant EU crypto ecosystem.

Overall, the combination of innovative services and regulatory advancements suggests a promising future for digital assets in Europe.