• Big news for crypto users in Wisconsin: MoonPay has secured a Money Transmitter License (MTL) in the state!
• This makes Wisconsin the 46th US state where MoonPay is licensed to operate.
• Beyond licenses, MoonPay is also strategically buying up companies to make their crypto services even better.

Exciting developments for the crypto world as MoonPay, the popular cryptocurrency payment platform, continues its expansion across the United States! They’ve just announced a significant win: securing a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions.

gotta catch ’em all!

the Wisconsin Department of Financial Institutions has granted MoonPay a Money Transmitter License

for Wisconsin residents, your experience buying crypto just got even better ~ especially when you use MoonPay Balance pic.twitter.com/40hAspQkwr

— MoonPay 🟣 (@moonpay) March 14, 2025

This exciting announcement, made on March 14, 2025, represents a major step forward for MoonPay as they work to make their services accessible to even more people across America.

What does this mean for Wisconsin? Well, residents can now fully leverage MoonPay’s platform, including the super convenient MoonPay Balance. This feature allows users to deposit funds and then enjoy fee-free crypto purchases (just keep in mind standard ecosystem and network fees still apply).

Wisconsin’s Growing Appetite for Crypto Welcomes MoonPay

Wisconsin, ranking as the 20th largest state by population in the US, is definitely showing a growing interest in the world of digital currencies. In fact, they grabbed headlines last year as the first state government to actually purchase Bitcoin (BTC) – a clear sign of their forward-thinking approach to digital finance.

MoonPay’s move into Wisconsin seems perfectly timed to meet this increasing local demand, providing residents with a user-friendly gateway to the crypto market.

This new license strengthens MoonPay’s legal standing in Wisconsin, ensuring a safe and efficient way for people to bridge the gap between traditional financial systems and the innovative realm of cryptocurrency.

This Wisconsin approval brings MoonPay’s total number of Money Transmitter Licenses to an impressive 46! This really highlights their proactive approach to regulatory compliance across the US. It follows closely on the heels of recent licenses secured in states like Texas, where they expanded operations late last year.

Ivan Soto-Wright, MoonPay’s co-founder and CEO, emphasized just how important this milestone is, stating, “This license underscores our deep commitment to both regulatory compliance and putting our users first through innovation.” He further noted that this Wisconsin approval reinforces MoonPay’s position as a trusted and fully regulated platform – something crucial for building confidence with both users and regulators alike.

It’s worth noting that MoonPay’s strong focus on compliance comes at a time when crypto companies are facing increased scrutiny from US regulators. However, there’s been a perceived easing up since Donald Trump’s administration took office.

By actively pursuing and securing these MTLs, MoonPay is positioning itself as a leader in the crypto space, setting itself apart from competitors who may be struggling with these regulatory hurdles.

Strategic Acquisitions Fuel MoonPay’s Expanding Capabilities

Looking beyond just regulatory achievements, MoonPay has also been actively strengthening its platform through some smart strategic acquisitions.

Just recently, they acquired Iron, a startup specializing in stablecoin infrastructure. This acquisition is aimed at boosting MoonPay’s enterprise payment solutions, making instant and low-cost stablecoin transactions a reality. Notably, this marks MoonPay’s second major acquisition in just two months!

Stablecoins are changing global payments.@moonpay just acquired @iron to supercharge our solution with stablecoin infrastructure. Faster, cheaper, borderless payments – everywhere.

Our second major acquisition in two months (hi @helio_pay 🤝)!@ivanhodl on @CNBC 👇 pic.twitter.com/gCkRk1j8W3

— Charlotte Laborde (@ChaLaborde) March 14, 2025

Back in January, MoonPay also purchased Helio, a crypto payment firm that has already processed over $1.5 billion in transactions since it started – a deal worth approximately $175 million.

These acquisitions really underscore MoonPay’s broader ambition: to create a seamless bridge between traditional finance and the decentralized world of crypto, offering users a more powerful and versatile platform.

Importantly, by integrating Helio’s technology and Iron’s stablecoin know-how, MoonPay is well-positioned to cater to a wide range of users, from individual consumers to large enterprise clients. And for Wisconsin residents? This likely means an even better crypto experience is on the horizon as MoonPay rolls out these exciting new and enhanced features.