eToro’s Trading Platform Now Has A New York BitLicense To Offer Cryptocurrency Services

eToro, a social trading and investing platform, obtained a license to provide crypto services in the state of New York. The eToro subsidiary of the platform received approval from the New York State Department of Financial Services (NYDFS) for both a money transmitter license and a virtual currency license, or BitLicense. Once the platform is up and running, the users in the state can access eToro’s virtual portfolio and be able to trade stocks

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