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MoonPay obtains Texas currency transfer license

Internet reports that encrypted payment platform MoonPay announced that it has obtained a Money Transmitter License issued by the Texas Banking Department. Starting now, Texas users can purchase 64 cryptocurrencies through Venmo and PayPal. According to statistics, more than one-fifth of Texas's voting-age population holds cryptocurrencies. MoonPay plans to expand its service in 2025 to allow Texas residents to sell cryptocurrencies including BTC, ETH and SOL. Currently, MoonPay has obtained currency transfer licenses in 45 states in the United States.

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