MoonPay Secures Wisconsin Money Transmitter License

BlockBeats News, March 15th, 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 reloading their MoonPay Balance at no additional cost. This MTL strengthens MoonPay's compliance with U.S. regulations, further driving its expansion nationwide.

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