MoonPay protects your Wisconsin Remittance License (MTL). Wisconsin is the 46th US state to grant MTL to Moonpay. MoonPay is also making strategic acquisitions to bolster its crypto services.
In a critical step towards expanding its footprint across the US, cryptocurrency payment platform MoonPay has secured a remittance license (MTL) from the Wisconsin Financial Institutions Office.
You have to catch everything!
The Wisconsin Financial Institutions Authority grants Moonpay a remittance license
For Wisconsin residents, your experience buying Crypto has been even better ~ especially when using MoonPay Balance Pic.twitter.com/40haspqkwr
– Moonpay🟣 (@moonpay) March 14, 2025
The approval, announced on March 14, 2025, marks a milestone in MoonPay’s ongoing efforts to serve more American users.
This license allows Wisconsin residents to take advantage of MoonPay offerings, including the ability to deposit funds into MoonPay balances for fee-free crypto purchases, except for ecosystem and network fees.
Taking advantage of Wisconsin’s growing demand
Wisconsin, the 20th most populous state in the nation, shows a burgeoning interest in adopting cryptocurrency. The headline was particularly the headline, as the first state government to purchase Bitcoin (BTC) last year, showing a progressive stance towards digital finance.
MoonPay’s entry into the state coincides with this trend, providing residents with a seamless platform to engage in cryptocurrency.
This license enhances MoonPay’s ability to operate legally within Wisconsin, providing a secure and efficient way for users to bridge the decentralized world of traditional finance and crypto.
In particular, Wisconsin licenses bring the total number of MoonPay Gold Sender Licenses (MTLs) to 46, reflecting a proactive push to ensure regulatory approval across the United States. This follows recent licenses obtained in states like Texas, where the company expanded its services later last year.
Ivan Soto-Wright, co-founder and CEO of MoonPay, highlighted the importance of this milestone, saying, “This license strengthens our commitment to compliance and consumer-first innovation.” He added that approval will strengthen MoonPay’s position as a fully regulated platform. This is an important factor in building trust between users and regulators.
Although there have been several reprieves since Donald Trump took office, it is important to note that Condocurrency Industry is focusing on MoonPay compliance as it faces scrutiny from US regulators.
By actively protecting MTLS, MoonPay positions itself as a leader in the space, distinguishing itself from its competitors struggling with regulatory hurdles.
Moonpay is expanding its scope through strategic acquisitions
Beyond regulatory achievements, MoonPay is strengthening its capabilities through strategic acquisition.
Recently, the company acquired Iron, a startup in Stablecoin infrastructure to enhance its enterprise payments solution. The move aims to drive instant and low-cost stubcoin transactions, marking MoonPay’s second major acquisition in two months.
Stablecoins is changing global payments. @MoonPay got @iron and used the Stablecoin infrastructure to charge the solution. Faster, cheaper, borderless payments – anywhere.
Second major acquisition in 2 months (hi @helio_pay🤝)! @ivanhodl on @cnbc
– Charlotte Laborde (@chalaborde) March 14, 2025
In January, MoonPay purchased Helio, a cryptocurrency payments company that has since its inception processed more than $1.5 billion in transactions for around $175 million.
These acquisitions highlight MoonPay’s ambitions to bridge traditional, decentralized finance, providing a more robust and versatile platform for users.
In particular, the integration of Helio’s technology and Iron’s Stablecoin expertise serves MoonPay to meet the needs of both individual consumers and corporate clients. For Wisconsin residents, this could translate into a richer crypto experience as MoonPay rolls out its enhanced features.
