MoonPay Secures BitLicense and Money Transmitter License, Achieving Full U.S. Crypto Payments Compliance and Expanding Nationwide

Published: 2025-06-05 21:33:57 |

MoonPay, a leading crypto payments provider, has obtained both the New York BitLicense and a money transmitter license from the New York Department of Financial Services, making it fully licensed to offer crypto payment services in all 50 U.S. states. This accomplishment represents the completion of the U.S. ’golden stack’ of crypto licenses, a significant milestone given New York’s strict regulatory environment. With only 35 digital currency firms holding a BitLicense, this move substantially enhances MoonPay’s legal standing and credibility among both institutional partners and retail users. MoonPay also maintains licenses or registrations in several jurisdictions including Canada, Australia, several EU countries under MiCA, and the UK. The company recently opened a new U.S. headquarters in New York and has reported record profits for 2024 with a strong cash position. These regulatory achievements and operational expansions are expected to boost nationwide service delivery, strengthen user trust, and serve as a benchmark for compliance in the crypto payments sector, positioning MoonPay for further innovation and growth.

Bullish

MoonPay securing both the BitLicense and a U.S. money transmitter license enables nationwide expansion for its crypto payments services, overcoming a major regulatory hurdle that few competitors have achieved. This positions MoonPay as a highly compliant and trustworthy provider in a market facing growing regulatory scrutiny. The move is likely to bolster user and institutional confidence in MoonPay, facilitate new partnerships, and potentially drive increased crypto payment adoption. Historically, successful compliance milestones in the U.S.—particularly in New York—have correlated with positive sentiment and stronger valuation for crypto sectors involved, suggesting a bullish outlook both short- and long-term for MoonPay’s influence and for broader crypto payment adoption.