PANews reported on April 1st that, according to Crowdfund Insider , eToro announced that New York State residents can now trade cryptocurrencies on its platform. The company stated that this move was made after obtaining a New York State BitLicense and a money transfer license. eToro currently offers cryptocurrency services in 48 states across the US. In 2024 , eToro reached a $ 1.5 million settlement with the US SEC for not registering as a broker-dealer and clearinghouse, and consequently delisted most of its crypto assets on its US platform and adjusted its compliance strategy. eToro stated that it has 40 million registered users worldwide, covering 75 countries.