MoonPay Obtains Money Transmission License in Wisconsin, USA

Source
Doohyun Hwang

Summary

  • MoonPay announced that it has acquired a Wisconsin money transmission license, emphasizing regulatory compliance and reliability.
  • With this approval, MoonPay can now legally provide virtual asset financial services within Wisconsin.
  • MoonPay supports various payment methods and is expanding its position in the global market.

Virtual asset (cryptocurrency) payment platform MoonPay has acquired a money transmission business license in the state of Wisconsin, USA.

MoonPay announced on the 14th (local time) through its official X account that "we have received approval for a license to provide money transmission services from Wisconsin's financial authorities." With this license acquisition, MoonPay can now legally provide virtual asset-related financial services within the state of Wisconsin.

Ivan Soto-Wright, CEO of MoonPay, stated, "Through this Wisconsin license acquisition, we have once again demonstrated that MoonPay is a trusted platform that prioritizes regulatory compliance."

MoonPay is a platform that supports various payment methods including credit cards, Apple Pay, and Google Pay, helping users purchase virtual assets conveniently. Currently, the company is expanding regulatory approvals in the United States and several other countries, strengthening its position in the global market.

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Doohyun Hwang

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