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eToro Begins Crypto Trading Three Years After Receiving BitLicense

eToro Begins Crypto Trading Three Years After Receiving BitLicense

eToro Begins Crypto Trading Three Years After Receiving BitLicense
eToro Begins Crypto Trading Three Years After Receiving BitLicense

U.S. trading platform eToro (NASDAQ: $ETOR) has enabled cryptocurrency trading for its New York-based clients three years after it was granted a BitLicense. 

The firm is allowing trading in about 20 cryptocurrencies, including Bitcoin (CRYPTO: $BTC), with plans to add more digital assets over time. 

In most of the 74 other countries where eToro operates, the firm offers 115 crypto assets for trading, in addition to stocks, exchange-traded funds (ETFs), and commodities. 

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eToro received a Virtual Currency Business Activity License, also known as a BitLicense, in February 2023. The license is needed to legally engage in…

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