Andrew McCormick, Headof US operations at eToro, has stepped down from his role. He announced thedeparture on LinkedIn. In his post, he wrote: “My time here has come to an endbut I’ll forever be thankful for an unforgettable adventure.”eToro said that AlainTennekoon, Head of Operations and Service for eToro’s US business, will assumeMcCormick’s responsibilities.eToro US Head McCormick Steps DownCommenting on his departure,the company said: “We thank McCormick for his contributions to eToro’s U.S.business and wish him the very best in his new role.”McCormick took on the role of Head of eToroUS after LuleDemmissie stepped down as CEO of the company’s US operations. He served inthe position for around two years. He was promoted into the role following hisprevious position as US Senior Counsel, which he held for more than two yearsat the firm.He also reflected onhis time at the company, saying “The work was challenging” and adding that hewas “blessed to have spent the past 4.5 years with a team full of passion,integrity, and kindness.” He said he was “grateful for the lessons learned” andfor “the work we did to help investors.”Morgan Stanley to eToro Career PathPrior to joiningeToro, he worked at Morgan Stanley as Vice President, Regulatory Enforcementand Litigation Counsel for around one year and four months. In that role, hehandled regulatory investigations following Morgan Stanley’s acquisition ofE*TRADE.Before that, he spentaround four years at E*TRADE. He first served as Director and Associate GeneralCounsel for just over one year, and earlier as Assistant General Counsel fornearly three years. In these roles, he worked on regulatory investigations andadvised product, operations, technology, AML, marketing, and compliance teams.He began his legalcareer at Eversheds Sutherland, where he worked as a Litigation and EnforcementAssociate for more than six years.eToro Expands Crypto Trading in New YorkMeanwhile, eTorohas expanded its crypto trading services to residents of New York, allowingusers to buy and sell digital assets alongside stocks, ETFs, and options on itsplatform. The move extends the company’s cryptooffering to 48 U.S. states and follows approval from New York financialregulators. The company secured both the New York State BitLicense and MoneyTransmitter License after years of engagement with state authorities, enablingit to operate within one of the most tightly regulated U.S. markets.This article was written by Tareq Sikder at www.financemagnates.com.