I heard some news about eToro and the Philippines recently. It seems like there's some sort of regulatory issue or maybe even a ban on eToro in the country. I'm not sure what the exact details are, but I'd like to know more about it. Specifically, is eToro banned in the Philippines, and if so, why?
5 answers
Elena
Mon Dec 16 2024
eToro has announced its decision to cease offering services in the Philippines.
Silvia
Mon Dec 16 2024
This move by the multi-asset brokerage is likely due to regulatory changes or business strategy adjustments.
Carlo
Mon Dec 16 2024
As part of this transition, eToro will stop accepting crypto transfers into its Wallet platform on December 1st, 2021.
Chiara
Mon Dec 16 2024
Customers will no longer be able to deposit cryptocurrencies into their eToro Wallet after this date.
Elena
Sun Dec 15 2024
Additionally, eToro plans to block access to the Wallet platform on December 15th, 2021.