eToro Launches Crypto Asset Trading in New York

AirdropBlackHole · 2026-04-01T22:43:55+00:00

eToro launched its crypto trading services in New York after obtaining a BitLicense nearly three years ago. Initially offering around 20 cryptocurrencies, the platform plans to expand its offerings amid increased regulatory scrutiny.

AirdropBlackHole

2026-04-01 22:43:55

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On April 2, trading platform eToro announced the official launch of its crypto asset trading services in New York, nearly three years after obtaining its BitLicense. The initial offering will include approximately 20 cryptocurrencies, with plans to gradually expand to more tokens and introduce features such as staking. In comparison, eToro typically offers over 100 cryptocurrencies in other global markets. eToro received its BitLicense from the New York State Department of Financial Services in February 2023; this license has been strictly regulated since its introduction in 2015, with fewer than 40 approved entities, and not all licensed companies actively conduct business. The company stated that regulatory scrutiny has significantly increased following the FTX incident, resulting in an extended launch timeline.

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