operational in all 50 US states

Tech

operational in all 50 US states

The cryptocurrency payment company MoonPay has received authorization to operate in all 50 states of the United States after obtaining the much-coveted BitLicense in the state of New York, a crucial milestone for expanding its presence in the U.S. market.

MoonPay and the importance of the BitLicense of New York

On June 4, 2025, MoonPay announced through an official statement the acquisition of the BitLicense and the money transmitter license from the New York State Department of Financial Services (NYDFS).

This recognition allows MoonPay to operate legally in the state, one of the most regulated and complex markets for criptovalute. companies.

The CEO and co-founder Ivan Soto-Wright emphasized that, thanks to this authorization, MoonPay now has the “most comprehensive regulatory authorization in the United States,” thus being able to offer its services directly to customers in every state without restrictions.

The BitLicense represents a mandatory requirement in the state of New York for any company that manages digital assets or investment services aimed at residents.

Introduced to ensure user safety and transparency of crypto activities, this license requires rigorous checks and compliance with local financial regulations.

However, the program is also under the scrutiny of criticism and political pressure. Figures such as the mayor of New York City, Eric Adams, have called for the end of this system, considering it too restrictive and potentially harmful for innovation in the bull and bear crypto sector.

This debate emerged strongly during the Bitcoin 2025 conference in Las Vegas, where Adams expressed his support for the digital asset sector, despite the criticisms of the BitLicense.

The recognition received in June closely follows MoonPays decision to open a new operational headquarters in New York City, thus strengthening its presence in one of the most important economic and financial hubs of the United States.

In December 2024, MoonPay had already reached another significant milestone, obtaining authorization to operate as a crypto company under the Markets in Crypto-Assets (MiCA) regulation of the European Union in the Netherlands.

Questo move has sanctioned the international growth of MoonPay and its willingness to be a global player in the bull market delle criptovalute.

New challenges and opportunities in a regulated market

The entry of MoonPay into the U.S. market with the BitLicense also represents a sign of maturity for the cryptocurrency sector.

However, it is not a linear path. The regulatory regime imposed by the state of New York is one of the most rigorous and complex in the world, and some companies have found themselves in difficulty.

For example, in January 2024, Genesis Global Trading relinquished its BitLicense following an agreement with the NYDFS over allegations of fraud against investors through the Gemini Earn program.

This event highlights how compliance is a key element but also a decisive challenge for operators in the crypto sector.

MoonPay is now among the approximately 35 companies authorized to operate in New York with the BitLicense. Among these are prominent names such as Anchorange Digital, Circle, Coinbase, and Gemini.

The presence in this list confirms the success of MoonPay in complying with the strict regulatory requirements provided.

The city of New York and the state in general constitute a nerve center for many companies in the crypto world. Being enabled to operate in this territory means opening significant opportunities, but also dealing with a particularly strict regulatory environment.

The support of Mayor Eric Adams for the digital asset sector, despite the criticisms directed at the BitLicense, represents a dual nature in local politics. On one hand, the need to ensure safety and legality, on the other, the need to promote technological innovation.

Future Prospects: MoonPay and the Future of Crypto-Fintech in the USA

The full authorization obtained by MoonPay paves the way for a strategic and widespread expansion in the US territory.

The possibility of offering services in every state allows the company to better develop its network of users and potential clients. Thus consolidating its position in the bull sector.

Furthermore, this achievement can positively influence the perception of cryptocurrencies as legitimate and regulated financial assets. Thus favoring adoption by a wider and institutional audience.

For those interested in the world of digital assets, following the developments of MoonPay and the regulations in place is essential.

The approval of the BitLicense represents an important indicator of reliability and compliance, fundamental elements for operating with security in this sector.

Investors and enthusiasts should monitor the moves of MoonPay and the regulatory decisions in New York. This is because these will define the rules of the game in the coming years for crypto-fintech in the United States.

MoonPay, with its new BitLicense, is firmly positioned as a key player in the U.S. cryptocurrency landscape, overcoming the most stringent regulatory barriers.

Its expansion in all US states not only strengthens its market presence, but also indicates that the future of digital assets passes through clear regulation and responsible interaction with institutions.

As a result, the crypto sector is increasingly approaching a sustainable and accessible growth model, with concrete opportunities for users and investors of all kinds.