eToro has obtained a cryptocurrency license in New York State and is now offering cryptocurrency trading services in 48 states in the United States.

MeNews · 2026-04-08T11:01:42+00:00

ME News Report, April 1 (UTC+8), according to market sources, social trading platform eToro (Nasdaq: ETOR) announced that residents of New York State can now trade cryptocurrencies on its platform. This opening follows the company's successful acquisition of the New York State BitLicense (cryptocurrency business license) and money transfer license. With this, eToro now offers cryptocurrency trading services in 48 U.S. states. Andrew McCormick, Head of eToro US, stated: "New York is the heart of the financial markets and a hub of innovation. Completing our full US expansion is both a strategic milestone and a reflection of our commitment to responsibly promoting the next generation of financial markets." Notably, eToro had previously in 2024

MeNews

2026-04-08 11:01:42

ME News update, April 1 (UTC+8). According to market sources, social trading platform eToro (NASDAQ ticker: ETOR) announced that New York State residents can now trade cryptocurrencies on its platform. This rollout follows the company’s successful acquisition of the New York State BitLicense (a cryptocurrency business license) and a money transmitter license. With this, eToro has provided cryptocurrency trading services in 48 U.S. states. Andrew McCormick, Head of eToro U.S., said: “New York is the core of financial markets and a hub for innovation. Completing our full rollout across the United States is both a strategic milestone and a demonstration of our commitment to responsible adoption of the next generation of financial markets.” Of note, eToro previously reached a settlement with the U.S. Securities and Exchange Commission (SEC) in 2024, paying a $1.5 million penalty. The reason was that it operated as an unregistered broker and clearing agency. After that, the company removed most cryptocurrency assets from its U.S. platform and readjusted its compliance strategy. (Source: ChainCatcher)

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