Source: MoonPay has obtained the New York Bitcoin license BitLicense

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On June 4, crypto journalist Eleanor Terrett posted on social media that MoonPay has obtained the New York Bitcoin BitLicense, paving the way for the company to serve customers in all 50 states of the United States.

It is reported that the few companies that have obtained this license currently include Anchorage Digital, Coinbase, and Circle.

BlockBeats Note: BitLicense is a generic term for a business license for virtual currency activities issued by the New York State Department of Financial Services (NYSDFS) according to regulations designed for companies.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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