According to The Block, the trading platform eToro has launched crypto asset trading services for users in New York State. It has been over three years since eToro received the BitLicense issued by the New York State DFS in February 2023. Since BitLicense was introduced in 2015, fewer than 40 institutions have been approved, and not all licensed companies ultimately conduct crypto business in New York. eToro's U.S. head Andrew McCormick stated that eToro is one of the first institutions to be approved for a BitLicense following FTX's collapse. He also expressed hope for unified market structure legislation at the federal level in the U.S. to reduce compliance costs caused by "inconsistent state standards." https://(wublock123.com)/news/etoro-launches-crypto-trading-after-ny-bitlicense-58980