News with the tag "Transmitter License"

Congressman Tom Emmer (R-IN) and Ritchie Torres (NY-15) reintroduced the Blockchain Regulatory Certainty Act (BRCA) on Wednesday in a bid to prevent crypto service providers from being classified as money transmitters. Congressmen Fight for Crypto Clarity According to a May 22 press release from the...

The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025.

Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.

While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.

North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case.

Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke or deny t...

Ripple Labs, a leading cryptocurrency payment firm, has been seen moving millions of XRP tokens following the United States Securities and Exchange Commission’s (SEC) recent victory in a legal dispute. Ripple Moves Millions Of XRP As Price Holds Steady According to a recent report, Ripple Labs moved...

The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s “dedication to compliance.” Alchemy Now in the Same League a...

Bastion, a cryptocurrency startup founded by former executives from Andreessen Horowitz, has recently acquired two money transmitter licenses in New Hampshire and Arkansas, expanding its ability to offer digital asset services in the United States.

Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent approvals, Twitt...