PANews reported on February 19 that eToro announced that it had obtained a license under the European Market for Crypto Assets (MiCA) framework and would be able to provide cryptocurrency trading and custody services in all 30 European Economic Area countries. The license was granted by the Cyprus Securities and Exchange Commission. MiCA regulations require companies to obtain a Crypto Asset Service Provider (CASP) license, which will take full effect in December 2023 and establish a unified legal framework for crypto services that applies to the 27 EU member states and non-EU countries such as Iceland, Liechtenstein and Norway.