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TRON Secures Native Integration With MetaMask: Strategic Move For Global Adoption
NFT Gaming

TRON Secures Native Integration With MetaMask: Strategic Move For Global Adoption

by admin August 20, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

TRON is stepping into the spotlight with a major integration that could expand its global reach. The official communication team announced today a strategic agreement with Consensys. This partnership will bring native TRON integration into MetaMask, the world’s leading self-custodial crypto wallet.

For the first time, MetaMask users will be able to interact directly with the TRON ecosystem, unlocking access to based assets and dApps without needing third-party tools or custom configurations. This is expected to provide a seamless cross-chain experience while making blockchain more accessible and user-friendly across the globe.

TRON already has a significant presence across Asia, South America, Africa, and Europe, and this integration with MetaMask positions the network for broader adoption by millions of users worldwide. For developers, this move could significantly boost exposure to TRON’s ecosystem, driving new dApp creation and cross-chain activity.

Beyond technology, the agreement represents a strategic step in blockchain adoption, highlighting TRON’s ambition to solidify its role as a global leader in decentralization. For users, it means smoother access, more opportunities, and stronger integration into the crypto economy.

Tron Expands Through MetaMask Integration and Corporate Adoption

Community Spokesperson at TRON, Sam Elfarra, highlighted the importance of this development in a press release, stating: “MetaMask’s extensive user base and established reputation make it a vital gateway to decentralized applications.”

From MetaMask’s perspective, this move is just as strategic. Angel Gonzalez-Capizzi, Director of Business Development at MetaMask, explained: “With TRON’s strong presence in Asia, this integration also helps us build bridges across regions and ecosystems, expanding access for MetaMask users around the world. Supporting networks like TRON is part of our broader mission to make MetaMask the most versatile and user-friendly gateway to Web3.”

This collaboration comes at a time of growing corporate interest in TRON. In June, SRM Entertainment announced it would rebrand as Tron Inc. and adopt a treasury strategy centered on TRX, with founder Justin Sun serving as an adviser. Such moves demonstrate how the network is expanding beyond just blockchain enthusiasts, entering mainstream corporate and institutional adoption.

With legal clarity in the US and increasing global adoption, the project is positioning itself as a serious player in Web3 infrastructure. The MetaMask integration, combined with corporate treasury strategies like SRM’s, reflects the growing confidence in its long-term role as a global financial and technological network.

TRX Consolidates With Strength

TRON (TRX) has shown a sustained uptrend, with the chart reflecting sustained bullish momentum over the past months. Currently, TRX is trading around $0.35, holding firmly above key moving averages that continue to trend upward. The 50-day SMA sits near $0.28, while the 100-day SMA is at $0.25, and the 200-day SMA at $0.19 — all significantly below current price levels, reinforcing a solid bullish structure.

TRX testing key demand level | Source: TRXUSDT chart on TradingView

Consistent higher highs and higher lows have supported this multi-month rally, a clear sign of market strength. TRX recently tested the $0.36–$0.37 zone but faced resistance, prompting a slight pullback. However, the retracement remains shallow, indicating buyers are still active and defending support zones effectively.

The volume profile shows steady inflows during rallies, signaling sustained investor interest. As long as TRX remains above $0.33–$0.34, the bullish structure is intact, with potential to retest the $0.40 level in the short term. A breakout above this resistance could open the path toward $0.45, aligning with the next liquidity cluster.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 20, 2025 0 comments
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Kraken Secures Mica License In Ireland To Expand Across Eu
Crypto Trends

Kraken Secures MiCA License in Ireland to Expand Across EU

by admin June 26, 2025



Crypto exchange Kraken has officially secured a MiCA license from the Central Bank of Ireland, allowing it to expand its regulated services across all 30 member states of the European Economic Area (EEA).

This is a significant step in the development of Kraken because the EU is implementing the Markets in Crypto-Assets (MiCA) framework that will provide regulatory clarity and consistency to the crypto environment. This license will enable Kraken to provide digital asset services to European users on a single regulatory framework.

The most recent license granted to Kraken is in addition to the previous licensing, a Markets in Financial Instruments Directive (MiFID) license in February and an Electronic Money Institution (EMI) license in 2023.

“We believe trust is the most valuable currency in crypto, and it’s something you earn,” said Kraken co-CEO Arjun Sethi, noting the team’s effort in meeting Ireland’s strict regulatory standards.

Kraken joins other major exchanges like Coinbase, OKX, Crypto.com, and Bybit, which have also pursued MiCA compliance in 2025. Gemini is reportedly aiming for MiCA approval via Malta.

Not everyone is onboard, though. Tether has decided not to register USDt under MiCA, leading to some exchanges delisting the stablecoin.

Kraken’s announcement comes shortly after it moved its global headquarters to Wyoming, USA, praising the state’s pro-crypto stance. Meanwhile, in March, the U.S. SEC dropped a civil lawsuit accusing Kraken of running an unregistered exchange.

With regulatory clarity growing in both the U.S. and EU, Kraken continues to solidify its position as a global crypto leader.

Also Read: Coinbase Secures EU Access with Luxembourg MiCA License



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June 26, 2025 0 comments
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Crypto.com secures $120m insurance for U.S. custody platform
Crypto Trends

Crypto.com secures $120m insurance for U.S. custody platform

by admin June 25, 2025



Crypto exchange Crypto.com has announced it secured $120 million in insurance coverage for digital assets held in Crypto.com Custody Trust, its U.S.-based solution.

The exchange said in an announcement that the $120 million insurance cover is arranged by Aon, a London-based insurance company. Aon worked with underwriters via Lloyd’s of London to assess Crypto.com’s risk management, the exchange wrote in a blog post.

Crypto.com Custody Trust Company offers crypto custody solutions for North American digital assets and institutions. The insurance plan aims to protect eligible assets and customers against crime and theft.

 “We built Crypto.com on a foundation of safety and security,” said Joe Anzures, president of Crypto.com Custody Trust Company. “Our insurance policy arranged by Aon for assets within Crypto.com Custody Trust Company is the latest example of our efforts to safeguard our customers and provide a best-in-class offering our clients can be reassured by.”

According to details, the insurance coverage includes the first quarter of 2025. Most of the insurance total, $100 million, is for physical loss, theft, or damage to customer assets in cold storage. Meanwhile, $20 million will cover potential crime-related incidents or third-party theft.

Crypto.com’s expansion

A recent report by CoinLaw indicates that comprehensive crypto insurance coverage by exchanges stands at only 22% as of 2025. The report notes that about 74% of insured exchanges opt for coverage against crime and cyberattacks, with a focus on protection from hacks.

Notably, insurance claims payouts tied to crypto exchange hacks between 2022 and 2024 totaled about $1.8 billion.

Crypto.com’s expansion in North America includes the opening of its new office in Washington D.C., with this move coming on the back of a positive shift in the U.S. regulatory landscape. The exchange is among the crypto companies that saw the Securities and Exchange Commission end its investigation against it amid a flurry of such closures.

Growth also saw Crypto.com recently  partner with Canary Capital Group to unveil the Canary CRO Trust, an investment product that provides regulated exposure to the Cronos (CRO) token.



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June 25, 2025 0 comments
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Bluebird Mining secures Bitcoin funding as Philippine gold deal nears completion
GameFi Guides

Bluebird Mining secures Bitcoin funding as Philippine gold deal nears completion

by admin June 25, 2025



Bluebird Mining is accelerating its pivot to digital assets with a £2 million funding facility to buy Bitcoin, timed just as it finalizes a gold profit-sharing agreement in the Philippines.

On June 25, Bluebird Mining Ventures Ltd, a London-listed gold miner, has secured a £2 million funding facility, with £1 million available immediately, to begin implementing its Bitcoin Treasury strategy.

The facility is structured as a zero-interest loan, maturing on 31 Dec. 2026, with the option for the lender to convert the debt into Bluebird shares at 2 pence per share.

The funds will be used to purchase Bitcoin (BTC), marking the company’s entry into digital asset holdings alongside its core business in gold mining.

The timing of the funding coincides with Bluebird’s June 24 announcement that it’s finalizing a gold project agreement in the Philippines. Under the deal, the company will receive a 10% profit share and bonus royalty payments. This aligns directly with Bluebird’s recently stated strategy to convert future gold revenues into Bitcoin.

As the company announced on June 5, it plans to combine income streams from its gold mining projects and recycle those revenues into a proactive Bitcoin-in-Treasury management approach, while maintaining minimal corporate overhead.



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June 25, 2025 0 comments
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Crypto Trends

Coinbase Secures MiCA License, Expanding Crypto Services Across EU

by admin June 23, 2025



In brief

  • Coinbase has obtained a MiCA license via Luxembourg.
  • The license enables Coinbase to offer crypto services across all 27 EU countries.
  • It follows similar efforts by Gemini, OKX and Crypto.com to get regulated in Europe.

Coinbase has secured regulatory approval to operate across the European Union under the Markets in Crypto Assets framework, the company announced Friday.

The license, granted by Luxembourg’s financial authorities, allows Coinbase to provide crypto services across all 27 EU member states.

Its announcement confirms weeks of speculation that Coinbase, alongside rival exchange Gemini, was preparing to register under MiCA.

Coinbase said Luxembourg was chosen due to its “whole-of-government” approach to blockchain and four blockchain-related laws passed in recent years.

“Over the past few years, Coinbase has worked closely with regulators across Europe, securing licences in Germany, France, Ireland, Italy, the Netherlands, and Spain,” the company said.

“Now, with MiCA, we’re uniting these efforts under a single framework, enabling millions of Europeans to access regulated, trusted, and secure crypto services.”

MiCA, which came into force in June 2023, creates a standardized licensing regime for crypto asset service providers within the EU. A license in one country allows a firm to “passport” services across the bloc. 

While member states retain limited powers to block operations if there is a legal basis to do so, a country generally cannot stop a licensed firm from offering services within its borders.



This setup has sparked criticism from some corners of the industry and among regulators, who say it creates incentives for firms to register in jurisdictions with fewer regulatory resources. 

Coinbase’s license in Luxembourg and Gemini’s ongoing attempt to register in Malta follow a string of approvals in those countries for firms including OKX, Bitstamp, and Crypto.com.

That said, it didn’t stop Malta from fining OKX $1.2 million in April for past AML compliance failures.

Nevertheless, the scale of operations in the countries where firms set up is often tiny compared to their EU-wide impact.

Critics, such as Peter Curk, CEO of the U.K. crypto portfolio management platform ICONOMI, have previously warned that this could lead to a “race to the bottom” in enforcement standards.

He told Decrypt earlier this month that having countries with lower regulatory capacity grant licenses to companies could “[dilute] consumer protection and cross‑border trust.”

“The debate isn’t just about licenses, it’s about the EU’s collective reputation in digital finance,” he added.

The European Securities and Markets Authority is currently reviewing Malta’s licensing process and is planning to produce a report on its findings. 

Edited by Sebastian Sinclair

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June 23, 2025 0 comments
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Coinbase secures MiCA licence in Luxembourg
Crypto Trends

Coinbase secures MiCA licence in Luxembourg

by admin June 20, 2025



Coinbase has announced a new regulatory milestone, revealing that the cryptocurrency exchange has secured the Markets in Crypto-Assets license, allowing it to offer its services across the European Union.

U.S.-based Coinbase said in an announcement on Friday that it had acquired the MiCA license from the Luxembourg Commission de Surveillance du Secteur Financier.

The license allows the crypto behemoth to expand its range of crypto products to customers across the 27 states that make up the EU.

Moien, Lëtzebuerg. 🇱🇺

We’re pleased to have secured our Markets in Crypto Assets (MiCA) licence from the CSSF in Luxembourg.

We can now offer a full suite of crypto products and services to 450 million people across all 27 European Union member states. pic.twitter.com/e9zbhy35YQ

— Coinbase 🛡️ (@coinbase) June 20, 2025

Coinbase moves European office to Luxembourg

MiCA is a key development that sees the exchange join other top crypto platforms and providers in securing the MiCA nod. Coinbase, which unveiled its European hub in Ireland in 2023, now joins OKX and Bybit among others in getting approval as a MiCA-compliant provider. Luxembourg becomes Coinbase’s new EU hub. 

The publicly-traded crypto company noted:

“Luxembourg has always been a key player in Europe’s financial ecosystem, and we’re delighted to share that Coinbase is officially establishing its European crypto hub in this dynamic country, under the Markets in Crypto Assets regulatory framework.”

Coinbase says choosing to expand its European presence from a base in Luxembourg aligns with the country’s support for crypto innovation and its role as a top financial hub. The move also positions the crypto exchange in a jurisdiction “that understands the needs of the crypto industry and excels in regulatory clarity.”

While the MiCA approval in Luxembourg is a major step for Coinbase, it’s not the exchange’s first regulatory win in Europe.

The company’s work with local regulators has already seen it secure licenses in Germany, France, Ireland, Italy, the Netherlands, and Spain. However, MiCA now provides Coinbase with a single regulatory framework across all these jurisdictions.

The MiCA rules came into full effect in Dec. 2024, with crypto exchanges and platforms among those required to secure approval. Implementation saw some platforms move to delist non-compliant stablecoins.





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June 20, 2025 0 comments
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Malik Tillman shines as USMNT secures a desperately needed win
Esports

Malik Tillman shines as USMNT secures a desperately needed win

by admin June 16, 2025


SAN JOSE, Calif. — A United States men’s national team shorn of some of their biggest stars kicked off their 2025 Gold Cup run with a 5-0 win over Trinidad and Tobago at PayPal Park on Sunday.

Led by a brace from Malik Tillman, the U.S. was dynamic as it consistently tested the visitors, eventually taking a 3-0 lead by halftime that included a goal from Patrick Agyemang. In the second half, Trinidad and Tobago looked more lively, but it was the U.S.’ Brenden Aaronson and Haji Wright who added two more goals after the 81st minute.

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With three points in hand after their tournament opener, manager Mauricio Pochettino and his men will now face Saudi Arabia on June 5. As for Trinidad and Tobago, they’ll seek to bounce back against Haiti in their next group stage match.

Here are the three biggest talking points from Sunday’s win.

1. Tillman puts on show with goals, flair

It was an impressive 90-plus minutes for the 23-year-old attacking midfielder.

Tillman not only stole the spotlight with his two first-half goals, but also with his clever and eye-catching one-touch passes that seemed to catch every opposing player off guard. With the backdrop of a sunny California day, the PSV Eindhoven man seemed to be genuinely enjoying himself as he linked up well with members of the attack like Jack McGlynn and Diego Luna, who provided assists for the midfielder.

For fans of the USMNT, it was a sign of relief to see the player who has yet to consistently perform for country in the same manner that he has stepped up for his club. If he can maintain the form that has made him recognized as one of the top players in the Eredivisie, there’s no reason the USMNT can’t find success at the Gold Cup.

2. Pochettino finds much-needed chemistry with XI, subs

Credit where credit is due.

After stumbling to two defeats in his recent tune-up matches, Pochettino turned his side around with a well-balanced XI that had no real issues against Trinidad and Tobago. Moving forward, rapid ball progression and unpredictable movements were key within a first half that cemented their lead. In the midfield, Luca de la Torre marshaled the heart of the pitch, and in support defensively, captain Tim Ream thrived as a reliable leader.

Malik Tillman was the USMNT’s best as Mauricio Pochettino’s men bounced back from a horror week to open their Gold Cup with a 5-0 victory. Jed Jacobsohn/Getty Images

By the second half, Pochettino’s substitutes seemed just as eager to make their mark. Through a couple of assists from Max Arfsten to goal-scoring options off the bench Aaronson and Wright, the U.S. was able to cement a near-perfect performance.

Obviously, this should be taken with a grain of salt against the Concacaf minnows that have a 0W-0D-5L record all time against the U.S. in the Gold Cup. Nonetheless, that won’t matter to the coach that has just stopped a four-game losing streak as the U.S. seeks a title this summer.

3. Local kid Luna shines in front of family and friends

Playing not too far from his hometown, Sunnyvale, Luna was all gas and no brakes on Sunday.

Easily the most energetic member of the U.S. XI, the 21-year-old covered an immense amount of ground as he not only stole a ball that led to a Tillman goal, but also provided an assist for Agyemang — which for all intents and purposes should be recognized as a Luna goal that was deflected by Agyemang.

Heading into the match, Luna told media that he would have 30 family and friends at the Gold Cup opener. If he were given as many tickets as wanted? “[They] could fill half the stadium,” the midfielder said with a smirk.

Recognized as a scrappy but hungry up-and-coming player, this could be the start of a memorable tournament for the Real Salt Lake star that was galvanized by his hometown. The performance was a positive sign for the California kid, and for the USMNT this summer.



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June 16, 2025 0 comments
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Justin Sun TRC20 Bitcoin TRON
GameFi Guides

TRON Secures US Public Listing in Deal Backed by Eric Trump

by admin June 16, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Per a report from the Financial Times, the TRON blockchain has secured a major deal that will allow it to go public in the US. The deal, backed by a Donald Trump tied investment bank called Dominari Securities, includes the creation of a new company, Tron Inc.

TRON To Mimic MycroStrategy In Historic Deal

According to the report, the listing will take place via a reverse merger with SMR Entertainment, a Nasdaq listed company. Two people familiar with the deal clarified that the deal would purchase millions in TRON’s native token, TRX.

In that way, the new company will operate in a similar fashion to MicroStrategy, now called Strategy. The company founded by Michael Saylor has become a financial vehicle for those investors looking to gain exposure to Bitcoin.

Since 2021, MicroStrategy introduced a new treasury strategy to benefit from the rise of the Bitcoin price. The company issues debt, and uses the revenue to increase their BTC holdings. As the cryptocurrency rises, the company’s debt diminishes.

The price of MicroStrategy’s shares saw a 126% spike in a one-year period, according to recent data shared by its Chairman and Bitcoin bull, Michael Saylor. Due to its success, several companies around the world have tried to copy this strategy in their own fashion.

In the new entity formed by the Tron and SMR merger, Eric Trump will take a role. Although, there are no details as to what role or in what capacity Trump will operate within Tron Inc.

The Financial Times noted that Justin Sun, the controversial founder of the TRON blockchain, has made significant efforts to strengthen his ties to the Trump family. Sun is one of the top holders of the $TRUMP token, the cryptocurrency launched by the president of the US in early 2025.

This investment allowed Sun to take part in a private dinner hosted by the head of state at the Trump National Golf Club in Virginia. Furthermore, the Financial Times claims, Sun invested $75 million into the World Liberty Financial, a companied backed by the Trump family and their inner circle.

TRON’s TRX Price Explodes

Following the news of its public listing, the native token of the TRON blockchain experienced a significant rally. Data from CoinGecko indicates that the crypto saw a 3.3% rally over the past hour, pushing its price above the critical area north of $0.27.

TRX’s price trends to the upside on the daily chart. Source: TRXUSDT on Tradingview

The TRX price is likely to continue the trend as the Tron Foundation is expected to inject over $210 million in the token into the new entity. Thus, similar to Strategy’s Bitcoin purchases, TRX could see a spike in its demand.

Moreover, the Financial Times pointed out that the company behind the deal, Dominari Securities, has seen a 580% increase in their value after Eric Trump announced his participation in its advisory board.

The investment back has also seen millions of dollars in capital from Elon Musk companies, including SpaceX and xAI. Is the TRX price above to experience a similar rally? Stay tune to find out.

Cover image from ChatGPT, TRX/USDT chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 16, 2025 0 comments
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Lightchain AI secures dev funding as Stellar seeks relevance in the crypto space
NFT Gaming

Lightchain AI secures dev funding as Stellar seeks relevance in the crypto space

by admin June 14, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Stellar fights for relevance, Lightchain AI secures $21m and powers ahead with dev tools, grants, and strong momentum.

As Stellar seeks to reassert its relevance in a rapidly shifting crypto landscape, Lightchain AI is pushing forward with real traction, securing developer funding that’s driving ecosystem growth. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, the project has already attracted nearly $21 million in early participation.

This is no baseless conjecture; it’s a deliberate strategy to equip developers with grants, advanced tools, and robust infrastructure. While competitors scramble for market relevance, Lightchain AI solidifies its foundation with proven technology, escalating community traction, and comprehensive developer support designed to drive sustained adoption.

Stellar faces pressure to adapt amid evolving market dynamics

It’s 2025 and Stellar Lumens (XLM) is treading a tough market, struggling to keep the faith of investors within a dynamic marketplace that promises stiff competition. Trading at about $0.26 at the time of writing, XLM has had its ups and downs thanks to market conditions and regulatory effects.

However, such ups and downs notwithstanding, Stellar’s focus on financial inclusion and cross-border payments has never wavered. The network’s low transaction fees and relationships with names like MoneyGram and Franklin Templeton highlight the network’s utility for global remittances.

Analysts predict that XLM could reach anything from $0.23 and $0.88 by 2025, with possible highs of $1.41 if adoption picks up. However competition from peers such as Ripple (XRP) and Ethereum, which provide similar services and have a lot more living in the ecosystem more broadly, are formidable.

To recapture mindshare, Stellar is concentrating on pushing forward with technology, including smart contracts via Soroban, and growth in the developing world. They’re efforts to grow the network and bring in more users.

Lightchain AI unlocks growth through developer grants and ecosystem support

Lightchain AI is accelerating its ecosystem growth through a strategic developer grant program designed to attract innovative projects at the intersection of AI and blockchain. Offering grants ranging from $25,000 to $150,000, the initiative supports builders developing AI-powered decentralized applications, custom block explorers, decentralized exchanges, and launchpads. Recipients benefit from milestone-based funding, technical mentorship, and enhanced visibility within the Lightchain community.

This program complements Lightchain’s core technologies, including the Proof-of-Intelligence consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), which facilitate efficient AI computations on-chain. By fostering a robust developer ecosystem, Lightchain AI aims to drive innovation and solidify its position as a leader in decentralized AI solutions.

Incentives in motion: Lightchain AI is leading charge, and builders are taking notice

Lightchain AI is setting the pace, and builders are flocking to the platform while others scramble to catch up. With a $150,000 grant pool already live, developers are diving in to create tools, dApps, and integrations on this cutting-edge AI-powered Layer 1. From public GitHub access and a comprehensive Developer Portal to the Meme Launchpad with liquidity support, Lightchain AI delivers real utility from day one.

Add in revamped tokenomics that prioritize growth and innovation, and it’s clear: this is where serious contributors are making their mark. Ready to build the future? Join the movement.

For more information on Lightchain AI, visit its website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 14, 2025 0 comments
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NFT Gaming

Crypto Payments Firm MoonPay Secures New York BitLicense

by admin June 4, 2025



In brief

  • MoonPay was granted a BitLicense and money transmitter license in New York.
  • The firm says it can now operate coast-to-coast in the United States without coverage gaps.
  • New York City’s “Bitcoin Mayor” Eric Adams recently suggested ending the BitLicense.

Crypto payments company MoonPay has been granted its BitLicense and money transmitter license from the New York Department of Financial Services, it announced on Wednesday. 

Now, MoonPay customers based in New York can access the firm’s entire stack of fiat-to-crypto services. 

“The New York BitLicense is a critical milestone for MoonPay, enabling us to directly service New York customers,” MoonPay co-founder and CEO Ivan Soto-Wright told Decrypt. “New York is considered the gold standard in U.S. financial regulation, and we are thrilled to join the small group of companies that have passed this rigorous process.”

The BitLicense is a New York license necessary for conducting business in virtual currencies in the state. It allows an entity to maintain custody of digital assets on behalf of others, perform exchange services, and more.



With its New York licenses granted, MoonPay now holds money transmitting licenses in 47 United States jurisdictions, and registrations in countries like the United Kingdom, Australia, and Canada. 

Established in 2015, the BitLicense has been historically difficult to obtain for businesses looking to conduct crypto activities in the state. But current New York City mayor Eric Adams—the self-proclaimed “Bitcoin mayor”—recently suggested it should no longer exist. 

“I want you back in the city of New York, where you won’t be attacked and criminalized. Let’s get rid of the Bitcoin license and allow us to have the free flow of Bitcoin in our city,” Adams said at the recent Bitcoin 2025 conference in Las Vegas.

Adams has been vocal in support of the crypto industry, recently hosting a crypto summit after calling for NYC to become the “crypto capital of the world.” 

MoonPay has helped move the needle in that direction, unveiling a new headquarters in New York City at the end of April prior to being granted its BitLicense. 

“New York is the financial capital of the world. Our business has always been about bridging the traditional finance industry and the new crypto economy, and now, with our new HQ in New York and our BitLicense, we can work more closely with the largest financial institutions in the world,” said Soto-Wright.

The firm, which said it notched its best financial year by reaching profitability in 2024, played a pivotal role in the early success of President Donald Trump’s Solana meme coin launch. 

As for what’s next, Soto-Wright told Decrypt, “We are going to continue investing in talent in New York and the United States, with more announcements coming soon.”

Edited by Andrew Hayward

Editor’s note: This story was updated after publication to clarify attribution for the MoonPay comments.

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June 4, 2025 0 comments
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