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MyStonks obtains US FinCEN MSB license and enters the international digital securities market in compliance with regulations
Odaily News MyStonks, a decentralized US stock token trading platform, announced that the platform has obtained the MSB (Money Services Business) license issued by the Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department, and has officially obtained the compliance operation qualification in the United States and its overseas territories. MyStonks has become one of the international digital securities platforms that have recently obtained US regulatory approval. The US MSB license is uniformly supervised by FinCEN and is a federal-level financial compliance qualification. To apply for an MSB license, you must strictly abide by federal regulations such as the Bank Secrecy Act (BSA) and establish a complete anti-money laundering (AML) compliance system. This license is not only a legal prerequisite for US and international financial services companies to carry out currency exchange, fund transfer, payment settlement, virtual currency and other businesses, but also an important qualification for companies to expand into the global market and connect with the international financial system.
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