Trading and investing platform eToro said on Wednesday that residents of New York State can now trade cryptoassets on its platform alongside stocks, ETFs and options.
The launch brings eToro’s crypto offering to 48 US states, data from the company’s state-availability disclosures shows. New York had been a notable holdout, with the state’s virtual currency regime widely regarded as one of the most restrictive in the country.
The rollout is handled through a dedicated entity, eToro NY LLC, which holds both a BitLicense and a Money Transmitter License from the New York Department of Financial Services.
eToro NY LLC is a FinCEN-registered money services business and is separate from eToro USA Securities Inc., the FINRA-member broker-dealer through which the company offers securities trading.
“Completing our U.S. footprint here is both a strategic milestone and a reflection of our commitment to broadening responsible access to the next generation of financial markets,” said Andrew McCormick, Head of eToro US.
Broader US crypto expansion
eToro had already been widening its US crypto lineup while New York remained unavailable. By June 2025, the platform offered more than 50 cryptoassets to US users.
In August 2025, that figure had crossed 100, with New York, Hawaii, Nevada, Puerto Rico and the US Virgin Islands listed as excluded jurisdictions at the time.
Wednesday’s launch removes New York from that list, completing eToro’s domestic crypto distribution across the US.
