Moonpay receives NY BitLicense approval
Moonpay Cryptocurrency Payments said it will be able to provide its service to users in all fifty American states after receiving the approval of the license in New York.
On June 4, Munibay said that the New York Financial Services (NYDFS) Granted Its American company, Betins, and the license of the money sender. Add Bitlicense makes Moonpay one of 35 digital currency companies capable of this Work In New York State.
“With the approval of the New York Bitlicense licenses and money sender, Moonpay now holds the golden organizational stack of encryption in the United States, allowing us to serve customers directly in every state without gaps in coverage,” said co -founder of Moonpay and CEO Ivan Soto.
Under the BitLicense program, any company must be digital assets in New York or investment management from the population to obtain the license. The regime is currently undergoing audit by elected officials such as the mayor of New York City Eric Adams, who called for the end of the program during the Bitcoin 2025 conference in Las Vegas. Related to: New York City Observer refuses to suggest Mayor Adams for bitcoin bonds Moonpay notice came almost a month after the company Declare She planned to open a new headquarters in New York City. The payment platform said in December 2024 that it had obtained approval to work as a licensed encryption company in the Netherlands under the European Union markets in the framework of encryption (MICA). https://www.youtube.com/watch? As an important economic center, New York and the largest city has the axis of cryptocurrencies that look forward to achieving roads in the American market. Anchorage Digital, Circle, Coinbase and Gemini are all for its operation in the state, but the program is also subject to organizational and legal scrutiny. In January 2024, Genesis Global Trading agreed to deliberate delivery as part of a settlement with NYDFS to fraud in investors through Gemini Conse. Adams still faces a political reaction after the recent intervention of the Ministry of Justice officials and ordered the local authorities to drop a corruption case against the mayor of New York City. At the same time, he appears to have climbed his support for the digital asset industry, hosted the coding and speaking summit at the Bitcoin 2025 conference. magazine: Go to Portugal to become a digital Bedouin for encryption – everyone elseIf you can make it here, you can make it anywhere?