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Expect even more oversight of crypto from regulators, says eToro

Published 06/29/2021, 07:25 AM
Updated 06/29/2021, 09:00 AM
Expect even more oversight of crypto from regulators, says eToro

Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, eToro CEO Yoni Assia said:

At the start of this year, eToro had itself struggled to keep up with “unprecedented” demand from crypto traders, with over 380,000 new users opening accounts over the span of 11 days.

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