MoonPay Secures New York BitLicense for Nationwide Crypto Operations


MoonPay has obtained New York's prestigious BitLicense, allowing direct crypto services across all 50 U.S. states.


The global payments firm joins an exclusive group of 34 companies, including Coinbase, Circle, and Robinhood, with this regulatory approval.


The BitLicense enables MoonPay to operate without relying on third-party intermediaries for fiat-to-crypto services.


New York's BitLicense is widely regarded as one of the toughest regulatory standards in the U.S. crypto industry.


Only two entities secured approval in 2024, making MoonPay's achievement particularly significant for the #fintech sector.


The company recently established its U.S. headquarters in Manhattan's SoHo district following record financial performance.


MoonPay has also acquired payment infrastructure firms Iron and Helio to scale its on-off ramp services.


The approval strengthens the company's expansion strategy in the competitive U.S. digital assets market.


This licensing milestone demonstrates growing regulatory clarity and acceptance for legitimate crypto service providers.

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June 05, 2025 at 12:20 AM
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