MoonPay Grabs Coveted BitLicense Approval In New York

Description

MoonPay, a cryptocurrency on-ramp and payments firm with over 20 million users, has been granted a coveted BitLicense and money transmitter license by the New York State Department of Financial Services (NYDFS).

Authors

Ian Allison

Publish date

June 4, 2025

Publisher

CoinDesk

Web URL

https://www.coindesk.com/policy/2025/06/04/moonpay-grabs-coveted-bitlicense-approval-in-new-york

Referenced by

The NYDFS approval comes on the heels of MoonPay opening a new headquarters in New York City, which the company said is now its largest U.S. office.

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MoonPay, a cryptocurrency on-ramp and payments firm with over 20 million users, has been granted a coveted BitLicense and money transmitter license by the New York State Department of Financial Services (NYDFS).

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The BitLicense approval completes MoonPay’s U.S. regulatory coverage, complementing money transmission licenses in 46 other U.S. jurisdictions, as well as registrations in the UK, Australia, Canada, Italy, Ireland and Jersey, the company said in a press statement on Wednesday.

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