MoonPay secures BitLicense, granting full access to operate in all 50 U.S. states, completing their 'golden stack' of U.S. crypto licenses.
BitLicense, known as the gold standard for the crypto industry, is considered a demanding regulatory framework for virtual currency companies.
MoonPay now joins an elite group of crypto firms allowed to conduct virtual currency business in New York with the approval of the BitLicense.
With this regulatory clearance, New Yorkers can utilize MoonPay's fiat-to-crypto platform for buying, selling, and storing crypto, using various payment methods.