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State Money Transmitter Licenses & Crypto Exchanges

February 7, 2023February 19, 2020 by @dmin
Adam Tracy Explains State Money Transmitter Licenses

A common question that I receive is what license(s) must I obtain in order to operate as a cryptocurrency exchange in the United States? Unfortunately, that answer is forty-nine (49) state money transmitter, or its equivalent, licenses.

Categories Blockchain, Cryptocurrency Tags compliance, crypto, exchanges, msb

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