MoonPay joins rarified list of dual Bitlicense and New York Trust Charter holders
MoonPay secured a New York Trust Charter, joining an elite group with both this and a Bitlicense to expand regulated financial services.Summary
Crypto payments firm MoonPay has obtained a New York Trust Charter from the New York State Department of Financial Services (NYDFS), making it one of the few companies, alongside Coinbase, NYDIG, and Ripple, to hold both this charter and a Bitlicense. This limited-purpose charter authorizes MoonPay to offer digital asset custody and over-the-counter trading services in New York, and potentially allows for compliant stablecoin issuance under the GENIUS Act. Crucially, the firm can now act as a fiduciary for clients in the state. MoonPay CEO Ivan Soto-Wright stated this reflects the company's commitment to high compliance standards, enabling deeper relationships with global financial institutions. The firm has been focused on building a unified international payments network and recently acquired firms like Helio, Iron, and Decent.xyz to expand its product suite.
(Source：The Block)