PaySavvy Obtains Money Transmitter License in Wisconsin

MoonPay Secures Money Transmitter License in Wisconsin

MoonPay, a leading digital asset and fiat payment solutions provider, has announced that it has been granted a Money Transmitter License (MTL) by the Wisconsin Department of Financial Institutions (DFI). This significant milestone marks a major expansion of MoonPay's regulatory footprint in the United States and further solidifies its position as a trusted and compliant payment provider in the cryptocurrency and digital asset space.

The MTL license allows MoonPay to operate as a money transmitter in Wisconsin, enabling the company to offer its fiat-to-crypto and crypto-to-fiat payment services to customers in the state. This includes the ability to send, receive, and exchange digital assets, as well as provide users with the ability to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and others.

The license is a testament to MoonPay's commitment to regulatory compliance and its dedication to providing a secure and reliable payment experience for its customers. The company has demonstrated a strong track record of adhering to the highest standards of financial regulations and has been recognized for its innovative approach to digital asset payment solutions.

"We are thrilled to have secured the MTL license in Wisconsin and are excited to expand our services to customers in the state," said MoonPay's CEO, Coindig. "This license is a significant milestone for us and further solidifies our position as a leading payment provider in the digital asset space. We are committed to providing our customers with a secure, reliable, and compliant payment experience, and we look forward to continuing to grow our presence in the US market."

The MTL license is the latest in a series of regulatory milestones achieved by MoonPay, which has also secured licenses in other states, including New York, California, and Florida. The company continues to expand its services and presence across the United States, with a focus on providing a seamless and secure payment experience for its customers.