MoonPay Secures BitLicense, Expands Services Across All 50 U.S. States

• MoonPay secures BitLicense, becoming fully licensed to operate across all 50 U.S. states.

• New York approval completes MoonPay’s “golden stack” of U.S. crypto licenses.

• Record profits and a new NYC headquarters mark MoonPay’s strongest year yet.

MoonPay, a well-known cryptocurrency payments company, has achieved a major milestone in its expansion across the United States. On June 4, the company declared that it had been approved for a BitLicense and a money transmitter license by the NYDFS. As a result, MoonPay is legally allowed to operate in all states in the U.S., including New York, where rules for crypto companies are particularly strong.

With BitLicense, MoonPay Completes U.S. Licensing “Golden Stack”

Before this, MoonPay had approval to send money in 46 of the 50 U.S. states. At the same time, New York continued to be a tricky market thanks to its complicated licensing rules. Because MoonPay has been given the BitLicense, they are now one of 35 digital currency companies permitted to carry out related activities in New York State.

As a result, MoonPay now holds the desired “golden stack” of licenses required in the United States. As a result, the company’s crypto payment services are available to customers all over the nation, with no legal issue. This will help MoonPay as it aims to increase access to cryptocurrency while being compliant with local regulations.

Moreover, this new development indicates that MoonPay is gaining a strong reputation in the crypto industry. In the United States, the BitLicense is regarded as the best and most important type of regulation for cryptocurrencies. Earning this approval improves MoonPay’s place in the market and gives customers more confidence.

Alongside getting approval in the U.S., MoonPay also holds licenses and registrations in other places. The company is enrolled in Canada, Australia, Ireland, Italy, Jersey and the United Kingdom. In December 2024, MoonPay became among the first crypto businesses to be given a crypto asset service provider license under the MiCA regulations in the European Union. Making this acquisition supports the company’s efforts to increase its presence in different countries.

MoonPay Posts Record Profits, Expands with NY Office

Meanwhile, MoonPay is experiencing fast growth. Besides obtaining the licenses, the company recently launched its new U.S. headquarters in New York. Being MoonPay’s largest base here, the new office represents how serious they are about being part of the financial sector. This move will ensure MoonPay is well connected with regulators and other important partners based in New York.

In 2024, the company recorded the best financial results it has ever achieved. At the end of the year, the company made a profit and also had cash in the bank which sets it apart from most crypto companies. MoonPay’s good performance has provided it the funding to expand and focus on improving compliance and introducing new ideas.

As a result, MoonPay’s getting the BitLicense is a major change for the company. By being available in every U.S. state and big global markets, MoonPay has climbed to the top of crypto payments. These efforts alongside regulators and proper expansion help the company provide cryptocurrency payments within reach of customers across the globe.