PANews reported on December 25 that, according to Crowdfund Insider, the crypto payment platform MoonPay has announced that it has obtained a money transfer license from the Texas Banking Department. Effective immediately, Texas users can purchase 64 cryptocurrencies through Venmo and PayPal. According to statistics, more than one-fifth of the voting-age population in Texas holds cryptocurrencies.
MoonPay plans to expand its service scope by 2025, allowing Texas residents to sell cryptocurrencies including BTC, ETH, and SOL. Currently, MoonPay has obtained money transfer licenses in 45 states in the US.
