MoonPay has secured a BitLicense from the New York State Department of Financial Services, allowing them to operate throughout the US. This makes them one of 35 businesses with such a license in New York, enhancing their service coverage.
With the regulatory landscape under scrutiny, MoonPay’s CEO emphasizes that this approval is key for service expansion. The BitLicense is crucial for digital asset businesses, reflecting New York’s significant role in the crypto market.
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