New York City, November 26, 2025

MoonPay has been granted a New York Trust Charter, enabling the company to provide digital asset custody and OTC trading services to institutional clients. This milestone positions MoonPay alongside top firms like Coinbase and PayPal. It allows MoonPay to act as a fiduciary for safeguarding digital assets, enhancing offerings to banks and asset managers. This achievement underlines the company’s commitment to compliance and security, supporting the integration of cryptocurrencies within the broader financial system.

MoonPay Secures New York Trust Charter, Expanding Crypto Services

Company’s New Approval Signals Growth in Digital Asset Infrastructure

New York City, NY – MoonPay has officially been granted a New York Trust Charter by the New York State Department of Financial Services (NYDFS). This significant achievement enables the company to offer digital asset custody and over-the-counter (OTC) trading services to institutional clients. With this approval, MoonPay joins an elite group of digital asset firms, including Coinbase, PayPal, Ripple, and NYDIG, that hold both the NYS BitLicense and the Limited Purpose Trust Charters.

The Trust Charter empowers MoonPay to act as a fiduciary, which allows the company to safeguard digital assets on behalf of its clients. This capability is particularly appealing for financial institutions, such as banks and asset managers, that require a secure and regulated crypto infrastructure to operate effectively in an increasingly digital finance landscape.

MoonPay’s Regulatory Progress

In June of this year, MoonPay received its BitLicense from the NYDFS, enabling the company to serve customers across all 50 U.S. states. The addition of the Trust Charter further solidifies MoonPay’s position as a trusted provider of digital asset services, enhancing its reputation in a rapidly evolving industry.

MoonPay’s regulatory footprint has expanded well beyond New York, as the company also holds financial licenses in several jurisdictions, including the UK, Australia, Canada, Italy, Ireland, and Jersey. Moreover, MoonPay is compliant with the EU’s Markets in Crypto Assets (MiCA) regulation, reinforcing its commitment to meeting international financial standards.

A Commitment to Compliance and Security

The CEO of MoonPay expressed that this Trust Charter approval reflects the company’s dedication to adhering to the highest standards of compliance, security, and governance. By securing regulatory licensing, MoonPay is well-positioned to deepen relationships with both global financial institutions and clients who seek to bridge the gap between traditional and digital finance.

Furthermore, this regulatory approval opens a potential pathway for MoonPay to issue a stablecoin compliant with New York regulations. However, any such initiative would require additional approvals from the NYDFS, emphasizing the importance of compliance in the digital asset sector.

Enhancing Institutional Offerings

The Trust Charter approval is expected to enhance MoonPay’s offerings to institutional clients significantly. With the added security and regulatory oversight, banks, fintechs, and global payment networks looking to enter the crypto space can do so with reduced regulatory concerns. This positions MoonPay as a more attractive partner for those seeking reliable digital asset services in an increasingly competitive landscape.

This expansion into institutional services highlights MoonPay’s ongoing endeavor to provide a secure and regulated environment for digital asset transactions, ultimately fostering greater trust among its clients and partners.

Driving Innovation in the Digital Asset Space

As MoonPay continues to broaden its regulatory approvals, it is well-positioned to deliver a comprehensive suite of services that caters to the growing needs of institutional clients. This approach is not only pivotal for MoonPay’s growth but also for promoting broader adoption of cryptocurrencies and blockchain technology within the global financial ecosystem.

MoonPay’s proactive stance on compliance also sets an empowering example for other companies in the digital asset industry. The company’s journey emphasizes the importance of regulatory engagement and adherence to industry standards, which is essential for building trust and credibility in the sector.

Future Prospects

With the digital asset market rapidly maturing, MoonPay’s role as a compliant and secure service provider is likely to become increasingly significant. The recent achievements of the company reflect a strategic vision, showing a commitment to advancing the integration of digital assets into the wider financial system. As such, MoonPay is poised to play a critical role in the evolving landscape of digital asset regulation, influencing future developments in the industry.

Ultimately, MoonPay’s expanded capabilities and dedication to compliance and security will significantly enhance its market presence, supporting the growth and stability of the digital asset ecosystem.

Conclusion

MoonPay’s accomplishments in obtaining the Trust Charter represent a crucial step in its mission to provide secure, compliant, and scalable financial infrastructure for its institutional clients. As the digital asset market continues to grow, it is essential for stakeholders to remain engaged and supportive of innovative firms like MoonPay, which are paving the way for a more integrated financial future.

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Author: STAFF HERE NEW YORK WRITER

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