MoonPay Secures New York BitLicense, Expanding Bitcoin Services Across All 50 U.S. States

MoonPay has officially obtained the New York BitLicense, a critical regulatory approval that enables the firm to operate across all 50 U.S. states. This license, issued by the New York State Department of Financial Services (NYSDFS), is a stringent requirement for virtual currency businesses aiming to comply with state-level financial regulations. Currently, prominent crypto firms such as Coinbase, Anchorage Digital, and Circle hold this license, underscoring its significance in the industry. Securing the BitLicense marks a pivotal milestone for MoonPay, enhancing its credibility and expanding its market reach within the regulated U.S. crypto ecosystem. This development reflects the company’s commitment to adhering to robust compliance standards while facilitating seamless cryptocurrency transactions nationwide.