List of Flash News about Limited Purpose Trust Charter
| Time | Details |
|---|---|
| 15:00 |
MoonPay Secures NYDFS Limited Purpose Trust Charter and BitLicense: Greenlight for Crypto Custody and OTC Trading in New York
According to @EleanorTerrett, MoonPay has been granted a Limited Purpose Trust Charter by NYDFS, authorizing crypto custody and OTC trading in New York State. According to @EleanorTerrett, MoonPay now holds both a BitLicense and a Limited Purpose Trust Charter, placing it among a small group of licensed crypto firms including Coinbase. According to @EleanorTerrett, this dual licensure establishes MoonPay as a regulated OTC counterparty and custodian for New York trading desks and institutions. According to @EleanorTerrett, the regulatory approvals are the basis for MoonPay to provide compliant execution and safekeeping services in New York, which is critical for institutional workflows. |