eToro launches crypto trading in New York

eToro has officially launched its cryptocurrency trading services in New York, a significant move three years after initially securing a BitLicense. The company's head of U.S. operations highlighted that eToro was the first firm to receive this crucial license in 2023, following the major disruption caused by the FTX collapse. This expansion into one of the largest financial markets signifies eToro's commitment to regulated growth within the digital asset space, aiming to provide services to a broader user base under stringent compliance.