MyStonks Obtains U.S. FinCEN MSB License, Compliance Goes Global in Digital Securities Market

By: theblockbeats.news|2025/07/09 23:36:53
0
Share
copy

BlockBeats News, July 9th. Decentralized stock token trading platform MyStonks announced that the platform has obtained the MSB (Money Services Business) license issued by the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), officially obtaining compliance qualifications for operation in the United States and its overseas territories. MyStonks has become one of the recently approved international digital securities platforms in the United States, marking a key step for the platform in global compliance layout. The U.S. MSB license is uniformly regulated by FinCEN and is a highly authoritative federal-level financial compliance qualification.

Applying for an MSB license requires strict compliance with federal regulations such as the Bank Secrecy Act (BSA), the establishment of a sound Anti-Money Laundering (AML) compliance system, and has a very high threshold. This license is not only a legal prerequisite for U.S. and international financial service companies to conduct currency exchange, fund transfers, payment settlements, virtual currency, and other businesses, but also an important qualification for enterprises to expand into global markets and connect to the international financial system. MyStonks stated that obtaining the MSB license this time will be based on compliance, continue to deeply cultivate the global digital securities market, provide users with more secure and transparent on-chain trading services, and promote the deep integration of traditional financial assets with the Web3 ecosystem.

-- Price

--

You may also like

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Popular coins

Latest Crypto News

Read more