MoonPay Secures New York Trust Charter, Expands Institutional Crypto Services

MoonPay Secures New York Trust Charter to Expand Regulated Financial Infrastructure

/PRNewswire/ -- MoonPay, the global leader in crypto payments, announced that the New York State Department of Financial Services (NYDFS) has authorized...

MoonPay Secures New York Trust Charter, Expands Institutional Crypto Services

MoonPay Secures New York Trust Charter to Expand Regulated Financial Infrastructure

MoonPay, the global leader in crypto payments, announced that the New York State Department of Financial Services (NYDFS) has authorized MoonPay Trust Company, LLC, a New York Limited Purpose Trust Company (LPTC), to begin providing services to customers. The charter authorizes MoonPay to provide digital asset custody and over-the-counter (OTC) trading services under one of the most respected regulatory frameworks in the world. This milestone ma…

Moonpay Obtains New York Trust Charter to Expand Regulated Digital Asset Services

Moonpay secures a New York Limited Purpose Trust Company charter, enhancing its ability to provide institutional digital asset custody and trading services. Moonpay has received authorization from the New York State Department of Financial Services (NYDFS) to operate as a Limited Purpose Trust Company, joining a select group of digital asset companies with comprehensive regulatory […]

MoonPay Gains New York Trust Charter for Digital Asset Custody and OTC Trading

The post MoonPay Gains New York Trust Charter for Digital Asset Custody and OTC Trading appeared on BitcoinEthereumNews.com. MoonPay has secured a New York Trust Charter, enabling the crypto payments firm to safeguard customers’ digital assets and facilitate over-the-counter trades. This regulatory milestone enhances compliance and security, bridging traditional finance with digital assets while expanding service offerings for global institution…

MoonPay Gains New York Trust Charter for Digital Asset Custody

TLDR MoonPay has received approval for a New York Trust Charter, which will allow it to safeguard customers’ digital assets. The company can now facilitate over-the-counter trading, offering direct transactions between two parties. MoonPay’s new charter strengthens its compliance and security standards to meet Wall Street-level requirements. The company plans to expand its services to other states after meeting regulatory requirements in each r…