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Crypto

eToro launches crypto services in New York three years after securing BitLicense

Trading platform eToro has launched cryptocurrency services for customers in New York about three years after obtaining the state’s BitLicense. The head of eToro’s U.S. unit, Andrew McCormick (앤드류 맥코믹), said the company will initially offer about 20 tokens within New York’s regulatory framework and expand gradually. eToro said it offers about 115 cryptocurrencies globally and plans to add staking in New York.

Crypto

Strike wins New York BitLicense, builds services across 50 U.S. states

Bitcoin payments firm Strike has obtained a BitLicense and a money transmitter licence from the New York State Department of Financial Services, The Block reported on March 6. The approvals allow Strike to provide bitcoin financial services to New York residents and businesses. Strike will offer services including bitcoin brokerage, recurring purchases, converting payroll into bitcoin and paying bills using bitcoin balances. Its founder and CEO Jack Mallers called the licence a decisive milestone.