Eleanor Terrett (@EleanorTerrett): 🚨NEW: @moonpay has been granted a Limited Purpose Trust Charter from @NYDFS, allowing it to offer crypto custody and OTC trading in New York State.
Estimated coin impact
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🚨NEW: @moonpay has been granted a Limited Purpose Trust Charter from @NYDFS, allowing it to offer crypto custody and OTC trading in New York State. MoonPay now holds both a BitLicense and a Limited Purpose Trust Charter, a combo that only a handful of crypto firms (@coinbase, @PayPal, @Ripple, @NYDIG) have been able to secure under NY’s strict licensing regime. Notable that at a time when most companies are racing for @USOCC charters, some are still opting for full state compliance first.