MoonPay Returns: Louisiana Welcomes Back Cryptocurrency Exchange

Exciting news for Louisianians! MoonPay is once again open for business in the Bayou State, ready to facilitate seamless transactions of digital assets and fiat currencies.

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Thanks to the approval of a Virtual Currency Business Activity License (VCBA) by the Louisiana Office of Financial Institutions, residents of Louisiana can now take advantage of a range of services offered by MoonPay:

Buy: Dive into over 70 cryptocurrencies, including popular ones like BTC, ETH, and SOL.
Sell: Easily convert over 20 cryptocurrencies, including BTC, ETH, and SOL, straight into your bank account.
Swap: Move your crypto assets across the BTC, ETH, and SOL ecosystems with ease.
Checkout: Purchase NFTs using your credit or debit card across more than 40 blockchains.

Thom Hook, Chief Compliance Officer at MoonPay, emphasized the company’s dedication to simplifying cryptocurrency transactions while staying compliant with regulations:
“MoonPay remains committed to simplifying the cryptocurrency transaction process in a compliant way, not only in Louisiana but across the United States. We will continue to work closely with regulatory bodies to foster innovation while ensuring consumer protection and compliance with local regulations.”

Thom Hook, Chief Compliance Officer at MoonPay
MoonPay’s proactive compliance strategy has already secured them an impressive 44 Money Transmitter Licenses, in addition to the newly acquired Louisiana VCBA. This positions MoonPay as a trusted and compliant player in the cryptocurrency market, ready to serve diverse markets across the United States.

Read more: Ledger and MoonPay have once again joined forces to simplify cryptocurrency ownership and transactions, enhancing trust and security in digital asset management. Explore the details of their dynamic partnership and the innovative services they’re introducing.

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About MoonPay

MoonPay is the world’s leading Web3 infrastructure company, empowering businesses and consumers by unlocking access to next generation transactions and digital ownership for everyone. The platform’s offerings include payments, identity verification, authentication, wallets, minting, and creative strategy, as well as industry-leading compliance, KYC, AML, and fraud prevention.

The MoonPay ecosystem operates across 180+ countries and serves 20 million+ total users transacting using all major digital currencies, credit/debit cards, mobile payment options, and bank transfer methods. Acting as a bridge from Web2 to Web3, MoonPay aims to remove barriers to entry and drive mass adoption of Web3 technology around the globe, ultimately democratizing access to financial services.

To learn more about MoonPay, visit www.moonpay.com.

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