MoonPay Secures New York BitLicense, Expanding US Operations

Crypto payments company MoonPay has been granted a coveted BitLicense by the New York State Department of Financial Services (NYDFS). This approval allows MoonPay to operate across all 50 U.S. states. The BitLicense is one of the most rigorous licenses for crypto businesses in the nation and signifies MoonPay’s commitment to stability and compliance within the U.S. market. It joins a small group of companies, including Robinhood, Coinbase, Circle, and Ripple, that have received this license since its inception in 2015.