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eToro becomes the latest company to receive New York’s BitLicense

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Join Our Telegram channel to stay up to date on breaking news coverage According to recent reports, the popular social trading and investing platform, eToro, managed to secure a license to offer digital asset services in the state of New York. New York has been one of the strictest states in the country when it comes to offering crypto services, and firms have to secure the so-called BitLicense in order to legally offer crypto trading, investing, and other related services. Now, according to eToro, the platform will be able to join the ranks of those who managed to obtain it from the New York State Department of Financial Services (NYDFS). Apart from the BitLicense itself, eToro NY LLC subsidiary also managed to secure a money transmitter license. 🥳 It’s official! We have receive d our BitLicense in the state of New York. Once operational, users in New York will have access to our award winning virtual portfolio, integrated social investing tools and be able to ...