MoonPay Secures Wisconsin Money Transmitter License: Expanding Crypto Access in the U.S.
MoonPay, a global leader in crypto payments and digital asset infrastructure, has officially secured a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions. This regulatory milestone strengthens MoonPay’s compliance framework and further expands its footprint in the U.S.
With this approval, Wisconsin residents now gain full access to MoonPay’s services, including the ability to top up their MoonPay Balance with zero fees (excluding network costs).
What This Means for MoonPay & Wisconsin
🔹 Regulatory Compliance: The new license makes MoonPay a fully regulated money transmitter in Wisconsin, bringing its total U.S. MTL approvals to 46 states.
🔹 Enhanced User Experience: Customers in Wisconsin can deposit funds to their MoonPay Balance with no added MoonPay fees, making crypto transactions cheaper and more convenient.
🔹 Expanding Crypto Adoption: Wisconsin, the first U.S. state to purchase Bitcoin, is an emerging crypto hub. This move bolsters MoonPay’s presence in a state with growing tech and financial innovation.
MoonPay’s Compliance-First Strategy
Unlike many crypto firms that face regulatory roadblocks, MoonPay has adopted a proactive compliance approach, ensuring smooth licensing across multiple jurisdictions.
“Earning our Wisconsin MTL strengthens our position as a fully regulated platform and further solidifies our commitment to iron-clad compliance.” – Ivan Soto-Wright, Co-founder & CEO, MoonPay
With this latest addition, MoonPay is now operational in nearly all U.S. states, offering a seamless, regulatory-compliant gateway for users to buy, sell, and transact in crypto.
The Bigger Picture: Why This Matters
✅ Regulatory Wins in Crypto Are Crucial: With increasing scrutiny on digital asset businesses, securing MTLs ensures MoonPay’s legitimacy and long-term growth in the U.S.
✅ U.S. Market Expansion: With only a few states left to approve MoonPay’s operations, it is on track to becoming a fully licensed crypto money transmitter across all 50 states.
✅ Mainstream Adoption Push: By making crypto purchases more accessible and fee-efficient, MoonPay is bridging the gap between traditional finance and digital assets.
What’s Next for MoonPay?
🚀 Full U.S. Licensing Coverage – Will MoonPay soon become licensed in all 50 states?
🚀 New Product Integrations – Expect enhanced fiat-to-crypto services and partnerships.
🚀 Institutional Adoption – As a licensed entity, MoonPay could explore banking and fintech collaborations to accelerate mainstream crypto adoption.
Final Thoughts
MoonPay’s Wisconsin MTL approval is a strategic step in its mission to become the leading regulated crypto payment infrastructure in the U.S. As compliance becomes a key differentiator in the digital asset industry, MoonPay’s proactive licensing strategy positions it as a frontrunner in the crypto-fintech revolution.
Is MoonPay on its way to becoming the ‘PayPal of Crypto’? Only time will tell, but with 46 MTLs secured and growing market penetration, it is well on its way to dominance.
