According to EleanorTerrett, MoonPay has secured its New York BitLicense, enabling the company to legally offer crypto services to customers in all 50 states. This regulatory milestone places MoonPay alongside major crypto firms such as Coinbase, Anchorage, and Circle, which have also been approved by the New York Department of Financial Services (NYDFS) (Source: EleanorTerrett on Twitter, June 4, 2025). The New York BitLicense is recognized as one of the most stringent regulatory requirements in the United States, and MoonPay's approval signals increased institutional trust and potential for higher trading volumes on the platform. Traders should note that wider access and regulatory clarity may drive greater adoption of MoonPay's services, potentially influencing liquidity and transaction activity throughout the U.S. crypto market.

According to The White House, new regulatory guidelines for digital assets were announced on May 30, 2025, through an official statement (source: The White House Twitter). The framework emphasizes increased transparency and stricter compliance for cryptocurrency exchanges and stablecoin issuers. This update is expected to influence trading volumes and volatility across major cryptocurrencies such as Bitcoin and Ethereum. Traders should closely monitor regulatory developments, as increased oversight may lead to short-term price adjustments and could impact liquidity on US-based crypto exchanges (source: The White House).