MoonPay Secures New York License, Paves Way for U.S. Expansion

MoonPay has received a crucial regulatory approval that will allow it to expand its services in the United States. The BitLicense from the New York Department of Financial Services (NYDFS) signifies MoonPay’s commitment to complying with U.S. regulations and positioning itself as a major player in the American crypto market. CEO Ivan Soto-Wright played an active role in discussions with regulators, contributing to this milestone.