Key Notes

The regulatory approval positions MoonPay alongside Coinbase, PayPal, and Ripple as rare dual-licensed entities in New York.

Industry experts highlight the company's strategic focus on state-level compliance over federal charter routes.

MoonPay now operates with full licensing across US, UK, EU, Canada, and Australia markets serving 30 million users.

US-based fintech firm MoonPay has been granted a Limited Purpose Trust charter from the New York State Department of Financial Services (NYDFS) to provide digital asset custody and over-the-counter (OTC) trading.

The company has joined a small group of companies to hold both a business license for virtual currency activities (BitLicense) and a Limited Purpose Trust charter from the NYDFS.

🗽 MoonPay is now authorized by NYDFS t

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