- Trading 212 obtains a CASP license from CySEC, expanding its crypto services in Cyprus.
- Trading 212 Crypto Ltd can now offer crypto-fiat exchanges and custodial services.
Online Forex and CFD brokerage Trading 212 Group Limited has been granted a crypto asset service provider (CASP) license by the Cyprus Securities and Exchange Commission (CySEC).
The license, obtained through its local entity Trading 212 Crypto Ltd on May 20, 2024, allows Trading 212 to provide exchanges between crypto assets and fiat currencies, as well as custodial services for cryptocurrencies.
Trading 212 Crypto Ltd operates separately from Trading 212 Markets Ltd, which holds a Cyprus Investment Firm (CIF) license.
This expansion into the crypto space is a significant step for Trading 212, enhancing its service offerings and positioning it competitively in the market.
