MoonPay has secured one of the toughest approvals in U.S. financial regulation, receiving New York’s Department of Financial Services (NYDFS) authorization for MoonPay Trust Company to begin offering digital asset custody and over-the-counter trading services in the state. The approval converts MoonPay from a company offering simple on-ramps into one capable of holding client assets, handling institutional-level trades, and operating under rules used by some of the largest financial firms in digital asset ...