MoonPay has obtained its New York BitLicense, authorizing the cryptocurrency agency to function throughout all 50 states
MoonPay has obtained its New York BitLicense, authorizing the cryptocurrency agency to function throughout all 50 U.S. states. This regulatory approval locations MoonPay amongst a choose group of crypto-native corporations, together with Coinbase, Anchorage, and Circle, which were licensed by the New York Division of Monetary Companies (NYDFS) to conduct enterprise within the state.
The BitLicense is a key regulatory requirement for cryptocurrency corporations searching for to function in New York, some of the stringent regulatory environments in america. This improvement coincides with ongoing congressional hearings on up to date laws regarding the cryptocurrency market construction.
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