MoonPay Joins Ripple, Coinbase in Exclusive Club with NY Trust Charter
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MoonPay has entered an elite tier of crypto companies by securing a trust charter from New York’s powerful financial regulator.
The approval from the NYDFS grants MoonPay the authority to provide crypto custody and OTC trading services, solidifying its regulated status in one of the world’s most challenging financial jurisdictions. This move places MoonPay in the same category as Ripple Labs and Coinbase, which also hold both a BitLicense and a state trust charter.
The achievement signals MoonPay’s growing maturity and commitment to operating within the US regulatory framework.
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