Why is crypto different in New York?

New York requires virtual currency businesses to hold a BitLicense or limited purpose trust charter from the NYS Department of Financial Services, which limits which apps and coins are available to residents.

NYSCrypto

Crypto in New York, decoded.

Q: Which crypto platforms are available in New York?

See our Regulated Entities directory for companies licensed or chartered to operate in NY, including major exchanges and custodians.

The practical, no-BS guide to BitLicense, DFS enforcement, and which exchanges actually work for New Yorkers.

Start here: Exchanges in NY BitLicense, explained

Not legal or financial advice. Availability changes—verify before acting.

Quick Links

NYS Crypto Knowledge

Your handbook for New York’s crypto landscape—simple, accurate, and updated.

Guide

Which Exchanges Work in New York (2025)

Understand NY-available platforms and why some services block NY users.

Policy

BitLicense, Explained

A plain-English overview for residents and startups considering NY.

DFS-Licensed Companies

Search and filter companies licensed or chartered to operate in NY.

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NY-Available Platforms (Snapshot)

A quick look at popular providers with NY availability. For the full list, see the Regulated Entities Directory.

Provider	NY License/Charter	Notes	Action
Coinbase	VCL + MTL	Longstanding NY availability.	Open Account
Gemini	Trust Charter	NY-based; strong compliance posture.	Open Account
eToro	VCL + MTL	Social trading; selection varies by state.	Open Account

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