eToro has expanded its cryptocurrency trading services to New York, following the acquisition of a New York State BitLicense and money transmission license. This move allows eToro to offer crypto trading in all 48 U.S. states where it operates. Andrew McCormick, Head of eToro U.S., highlighted New York's significance as a financial hub and emphasized the company's commitment to expanding access to financial markets. This expansion comes after eToro settled with the U.S. Securities and Exchange Commission in 2024, paying a $1.5 million fine for operating as an unregistered broker-dealer and clearing agency. The company subsequently delisted most cryptocurrency assets from its U.S. platform and adjusted its compliance strategy.