Moonpay has received a Money Transmitter License in Wisconsin, marking a key regulatory milestone in its U.S. expansion. Residents can now access MoonPay’s crypto services fee-free through its Balance platform.
Moonpay Secures Wisconsin License, Expands Crypto Payment Reach in United States
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Moonpay Gains Regulatory Green Light in Wisconsin, Marking 46-State Milestone
Crypto payments firm Moonpay has secured a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions, expanding its regulatory footprint to 46 U.S. states. The new license allows the company to offer its services to Wisconsin residents, including funding their Moonpay Balance accounts without additional fees.
The approval strengthens Moonpay’s standing as a compliant crypto service provider in the U.S., where regulatory clarity remains a major hurdle for many digital asset firms. With the MTL, MoonPay can now legally provide crypto-related money transfer services in the state, aligning with local laws and reinforcing user trust.
“Earning our Wisconsin MTL strengthens our position in the market as a fully-regulated platform, and further solidifies our commitment to iron-clad compliance,” said Moonpay’s co-founder and CEO, Ivan Soto-Wright.
MoonPay’s expansion into Wisconsin holds symbolic weight. The state made headlines last year for becoming the first in the U.S. to purchase bitcoin, signaling growing institutional interest in digital assets at the state level.
The company’s steady push for nationwide compliance has been accompanied by major strategic moves, including its $175 million acquisition of Helio, a Solana-based payments processor, and MiCA approval in the Netherlands. These milestones collectively point toward MoonPay’s ambition to build a fully regulated, global crypto payment network.
