United States / Firms / PayPal

PayPal

PayPal: 2 companies are on NYDFS's list of regulated virtual-currency entities (PayPal Digital, Inc.: NY limited purpose trust charter; PayPal, Inc.: BitLicense + money transmitter licence). NYDFS list read 21 Oct 2026.

Status

NYDFS licensed · checked 21 Oct 2026
NYDFS and OCC data only. Licences in other US states (money transmitter licences, state trust charters) are not covered.

NYDFS regulated entity

PayPal Digital, Inc. · Limited Purpose Trust Charter · granted May 2024 dfs.ny.gov official

NYDFS regulated entity

PayPal, Inc. · Virtual Currency and Money Transmitter Licenses · granted Jun 2022 (DFS footnote: virtual currency license granted October 2020, money transmitter license October 2013) dfs.ny.gov official

Type

NY trust company · major brand (Strongest authorisation on record)

Public statement

Not applicable.

History

• May 2024NYDFS: PayPal Digital, Inc., limited purpose trust charter (month granted as listed by DFS). — dfs.ny.gov official
• Jun 2022NYDFS: PayPal, Inc., virtual currency and money transmitter licenses (month granted as listed by DFS). — dfs.ny.gov official

Read More

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