Cryptocurrency Q&A
Is MoonPay legal in the USA?
Is MoonPay legal in the USA?
CryptoChieftain
Sat Nov 30 2024
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7 answers
1683
MoonPay, a US-based company founded in 2019, provides crypto payment services. It allows users to purchase cryptocurrencies using traditional payment methods like debit cards, credit cards, and bank transfers. MoonPay has been operating in the USA since its establishment and has announced support for American users to buy and sell cryptocurrencies through platforms like PayPal and Venmo, indicating its legality in the country.
7 answers
KpopMelody
Mon Dec 02 2024
The license authorizes MoonPay USA LLC to operate as a money transmitter.
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MysticGalaxy
Mon Dec 02 2024
The scope of this license is limited and specific.
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Gianluca
Mon Dec 02 2024
It does not encompass the transmission of virtual currency.
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Claudio
Mon Dec 02 2024
MoonPay USA LLC holds a license granted by the Virginia State Corporation Commission.
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HallyuHeroLegendaryStar
Mon Dec 02 2024
Notably, Bitcoin is classified as a virtual currency.
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