According to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, the decentralized U.S. stock token trading platform MyStonks has announced that it has obtained an MSB (Money Services Business) license, officially qualifying for compliant operations in the United States and its overseas territories. MyStonks has become one of the international digital securities platforms recently approved by U.S. regulators, marking a critical step in its global compliance layout. The U.S. MSB license is uniformly regulated by FinCEN and is a federal-level financial compliance qualification with extremely high authority. Applying for an MSB license requires strict adherence to federal regulations such as the Bank Secrecy Act (BSA), establishing a comprehensive anti-money laundering (AML) compliance system, with extremely high barriers to entry. This license is not only a legal prerequisite for financial services companies to conduct currency exchange, fund transfer, payment settlement, and virtual currency businesses in the United States and internationally, but also an important qualification for enterprises to expand global markets and connect with the international financial system. MyStonks stated that with this MSB license approval, it will continue to focus on the global digital securities market based on compliance, provide users with safer and more transparent on-chain trading services, and promote the deep integration of traditional financial assets with the Web3 ecosystem.
MyStonks obtains US FinCEN MSB license and enters the international digital securities market in compliance with regulations
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