CySEC has granted the Cyprus-based financial brokerage
firm WeTrade a regulatory license. According to the announcement by the
company, the approval allows the firm to operate under EU passporting rights.
“WeTrade International CY Ltd., a proud part of
WeTrade Group, is now licensed by the Cyprus Securities and Exchange Commission
(CySEC),” the company mentioned on LinkedIn.
“With Cyprus as our strategic hub, we’re ready to
enhance our services across the EU and build even greater trust with our global
trading community.”
Regulatory Green Light from Cyprus
WeTrade International CY Ltd., part of the wider
WeTrade Group, has secured a licence from the Cyprus Securities and Exchange
Commission (CySEC), effective under licence number 453/25. The CySEC licence reportedly gives WeTrade the
authority to offer its trading services across the European Union legally.
According to the firm, the licence will also support
the enhancement of its product offerings and client services. This includes
improving its trading infrastructure and forging new partnerships within the EU
market.
Expect ongoing updates as this story evolves.
This article was written by Jared Kirui at www.financemagnates.com.
Source link
