MoonPay secures NYDFS trust charter to expand crypto services in NY

US Bancorp has initiated a stablecoin pilot program utilizing the Stellar blockchain, aiming to enhance secure and compliant digital asset transactions. This testing phase represents a significant step in the bank's innovation strategy within the cryptocurrency sector.

Texas has made history by becoming the first U.S. state to invest $10 million in Bitcoin for its treasury reserve, utilizing BlackRock's Spot Bitcoin ETF. This strategic move was executed on November 25, 2025, marking a significant step in the state's engagement with cryptocurrency.

Anchorage Digital is developing a model compliant with the GENIUS Act to enable reward structures for Ethena's stablecoins, addressing the regulatory landscape surrounding interest payments on such digital assets. This initiative aims to create a compliant framework that aligns with U.S. regulations while offering yield-like rewards on Ethena tokens.

Kraken has launched the Kraken Mastercard debit app in the UK and EU, facilitating real-time multi-asset crypto payments, which represents a significant step in integrating cryptocurrency into everyday transactions.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to launch regulated prediction markets in the United States, marking a significant milestone for the platform's operations. This approval allows Polymarket to operate under full regulatory compliance, enhancing its legitimacy in the cryptocurrency sector.

MoonPay has successfully secured a trust charter from New York, following its earlier acquisition of a BitLicense from the New York Department of Financial Services (NYDFS) in June. This positions MoonPay among a select group of cryptocurrency companies with both regulatory approvals.

MoonPay has secured a New York Trust Charter, complementing its existing BitLicense, which allows the firm to legally custody assets and offer over-the-counter (OTC) trading services under the oversight of the New York Department of Financial Services (NYDFS).

Paxos has acquired Fordefi, a crypto wallet provider, for over $100 million, a move that enhances its infrastructure in the blockchain sector. This acquisition is aimed at strengthening secure and compliant services for institutional clients, particularly in the areas of custody and on-chain asset management.