MoonPay obtains a money transmission license in Wisconsin

ChainCatcher news, according to cryptonews, the cryptocurrency payment platform MoonPay has obtained a Money Transmission License (MTL) from the Wisconsin Department of Financial Institutions, allowing it to expand its operations in the state.

Residents of Wisconsin can now use MoonPay's services, including topping up their MoonPay Balance without additional fees. The MTL strengthens MoonPay's compliance under U.S. regulations and further drives its expansion nationwide.

MoonPay can now provide its crypto payment services more efficiently in the region. The Money Transmission License allows MoonPay to legally offer money transfer services in Wisconsin, ensuring compliance with state regulatory requirements.