Taiwan recognizes multi-asset trading platform eToro as illegal operation in Taiwan

According to local media reports, the Taiwan Financial Management Association issued an announcement stating that the multi-asset trading platform eToro was identified as a securities and futures investment platform illegally operating in Taiwan, and called on investors not to use the platform for investment. Earlier, eToro stated that the platform had a license issued by the British Financial Supervisory Authority (FCA), but Taiwan still stated that eToro was still operating illegally in Taiwan because it had not obtained a Taiwan business license.