Based on BitcoinWorld, MoonPay has been granted a Limited Purpose Trust Charter by New York State Department of Financial Services, enabling the company to offer cryptocurrency custody and over-the-counter trading services in the state. This approval, alongside its existing BitLicense, places MoonPay among a select group of firms like Coinbase, PayPal, and Ripple. The charter signifies regulatory acceptance and enhanced security for users in one of the world’s most stringent crypto markets.
MoonPay Granted Limited Purpose Trust Charter in New York
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