MoonPay Gets License to Expand Crypto Services in New York

The post MoonPay Gets License to Expand Crypto Services in New York appeared first on Coinpedia Fintech News

MoonPay has officially received regulatory approval from the New York State Department of Financial Services, securing both a BitLicense and a Money Transmitter License. These licenses allow MoonPay to legally offer and expand its cryptocurrency services within New York. This regulatory green light is a significant step for MoonPay as it strengthens its presence in a key market, ensuring compliance with state laws while providing secure and reliable crypto transactions to New York users.