BlockBeats news, on December 25, reported by Crowdfund Insider, the crypto payment platform MoonPay announced that it has obtained a Money Transmitter License issued by the Texas Department of Banking. From now on, Texas users can purchase 64 types of cryptocurrencies through Venmo and PayPal. According to statistics, more than one-fifth of the voting-age population in Texas holds cryptocurrencies.

MoonPay plans to expand its services in 2025, allowing Texas residents to sell cryptocurrencies including BTC, ETH, and SOL. Currently, MoonPay has obtained Money Transmitter Licenses in 45 states across the United States.