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MONEY TRANSMITTER LICENSE FOR CRYPTO BUSINESSES

By |August 4th, 2020|Categories: Cryptocurrency|Tags: |

The process of obtaining an MTL begins with FinCen registration, then registration with NMLS, which is a national database where over 30 states participate to approve a MTL in their respective states. So, the NMLS system is national, but each MTL is reviewed and approved by each individual state’s regulators.

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