PANews reported on April 2nd that, according to The Block, trading platform eToro has officially launched its crypto asset services to New York customers more than three years after obtaining its BitLicense (Bitcoin license). Initially, it will list approximately 20 tokens, with plans to gradually increase the number. Andrew McCormick, head of eToro's US operations, stated that the platform was the first to obtain a BitLicense after the FTX crash in 2023, when scrutiny and due diligence were strengthened due to the industry environment. eToro also plans to launch a staking service in New York, and related product updates are currently being discussed with regulatory agencies.

eToro currently offers approximately 115 crypto assets, as well as traditional assets such as stocks and ETFs, in 47 states and 74 countries outside of New York. The platform plans to complete its initial public offering in 2025. McCormick stated that he hopes the federal government will pass the Clarity Act to unify the different regulatory standards across states.