eToro Opens Crypto Trading in New York, Expanding Services to 48 U.S. States

Odaily News Social trading platform eToro has announced that residents of New York State can now trade crypto assets on its platform, alongside stocks, ETFs, and options. With the acquisition of New York's BitLicense and money transmitter license, eToro's crypto services now cover 48 U.S. states, complying with the nation's strictest regulatory framework. The platform offers social investing and educational tools, opening access to over 9 million New York users; data shows 36% of U.S. retail investors hold crypto assets, with 17% planning to increase their holdings. eToro stated that this move will expand digital financial inclusion and advance its mission of opening global markets. (Globenewswire)