MoonPay, a leading cryptocurrency payment platform with over 20 million users, has successfully obtained a BitLicense and a money transmitter license from the New York State Department of Financial Services. This development completes the company's regulatory coverage in the United States, supplementing its existing licenses in 46 other jurisdictions, as well as registrations in several countries including the UK, Australia, and Canada. The approval is particularly significant given the current administration's efforts to establish federal regulations, making a strong presence in the U.S.
increasingly important for crypto firms. The BitLicense is widely regarded as a benchmark of excellence in the crypto industry. Following the opening of its new headquarters in New York City, now its largest U.S. office, MoonPay's co-founder and CEO Ivan Soto-Wright expressed the company's pride in achieving this milestone and its commitment to continued collaboration with regulators to expand crypto accessibility nationwide.