Deep Tide TechFlow News, on December 25, according to Crowdfund Insider, the cryptocurrency payment platform MoonPay announced that it has obtained a Money Transmitter License issued by the Texas Department of Banking. Effective immediately, Texas users can purchase 64 types of cryptocurrencies through Venmo and PayPal. According to statistics, over one-fifth of the voting-age population in Texas holds cryptocurrency.

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 in the United States.