eToro Secures New York Crypto License, Expands Trading to 48 US States
The post eToro Secures New York Crypto License, Expands Trading to 48 US States appeared on BitcoinEthereumNews.com.
eToro has secured a New York State cryptocurrency license and expanded its crypto trading services to 48 of 50 U.S. states, marking a significant regulatory milestone for the global trading platform’s American expansion. The New York State Department of Financial Services approved eToro NY LLC for both a BitLicense and a money transmitter license, with an effective approval date of February 9, 2023. The dual authorization allows the subsidiary to operate virtual currency business activity and transmit fiat currency within one of the most heavily regulated financial jurisdictions in the United States. NYDFS License Grant DateNYDFS lists eToro NY LLC as licensed in February 2023 for virtual currency and money transmission activity. eToro CEO Yoni Assia described the approval as a turning point for the company’s U.S. ambitions. “Securing our BitLicense and Money Transmitter License in New York is a key milestone.” — Yoni Assia, CEO of eToro, via eToro press release The company’s press release stated that once eToro NY LLC became operational, users in New York State would be able to trade stocks, crypto, and options through the platform. That operational rollout has since materialized, with Assia later noting that the New York launch made eToro “accessible to investors in all 50 states” for its broader product suite. eToro’s crypto trading now covers 48 of 50 U.S. states eToro’s current live-states page confirms that cryptocurrency trading is unavailable only in Hawaii and Nevada among U.S. states. Puerto Rico and the U.S. Virgin Islands are also excluded as territories. That puts the platform’s crypto footprint at 48 states. Current U.S. Crypto Coverage 48 statesThe research brief supports the article’s current-footprint claim by identifying only Hawaii and Nevada as excluded U.S. states. The January 2, 2026 eToro U.S. customer agreement reinforces this footprint. The document applies to residents of states…
Filed under: News - @ April 1, 2026 2:38 pm