In brief
- MoonPay was granted a BitLicense and money transmitter license in New York.
- The firm says it can now operate coast-to-coast in the United States without coverage gaps.
- New York City’s “Bitcoin Mayor” Eric Adams recently suggested ending the BitLicense.
Crypto payments company MoonPay has been granted its BitLicense and money transmitter license from the New York Department of Financial Services, it announced on Wednesday.
Now, MoonPay customers based in New York can access the firm’s entire stack of fiat-to-crypto services.
“The New York BitLicense is a critical milestone for MoonPay, enabling us to directly service New York customers,” a MoonPay spokesperson told Decrypt. “New York is considered the gold standard…
