MoonPay is the world's #1 way to buy crypto. And that's because we work with regulators worldwide to ensure a safe and secure experience for all our customers. In this article, you can read more about the kinds of licenses we hold.
Since we provide cryptocurrency services, which include crypto-to-fiat and crypto-to-crypto transfers, we are registered with FinCEN as a Money Services Business. This shows our commitment to financial regulation, such as:
- Anti-money laundering (AML) and regulatory compliance
- Performing KYB/KYC on customers
- State licensing laws compliance
We have obtained Money Transmission Licenses (MTL) in 47 US states. This ensures that we meet the regulations for transferring money at the state level. This enables us to serve a diverse customer base throughout the United States. The terms of the license may vary in certain states. For more details, please refer to the complete list in Moonpay Licenses.
MTL is not required for MSBs in Montana. Therefore, MoonPay can operate without needing a license. It allows any transactions around Montana or with the other 47 US states in which MoonPay is registered.
We are dedicated to obeying rules and seek a BitLicense with the NYDFS. This license is for crypto businesses in New York.
Updated 18 days ago