CoinEx wins the US MSB License

On December 28, 2021, the digital currency trading platform CoinEx submitted the MSB financial license to FinCEN of the U.S. Treasury Department and officially obtained the MSB financial license (registration number: 31000205450387 ).

The approval this time is an important milestone in the compliance operation of the CoinEx exchange, and it also means that the CoinEx exchange ranks among the top ranks of the global digital currency.

The MBS financial license is one of the most authoritative digital currency exchange licenses in the world. Its approval is very strict.

Having the MBS financial license means that the CoinEx exchange can carry out legal and compliant digital currency transactions worldwide and promote the development of contract derivatives, including the issuance of digital currency, ICO issuance, and foreign exchange exchanges.

In March 2018, the U.S. Treasury Department and the Securities and Exchange Commission clearly emphasized that virtual currency exchanges and their managers engaged in digital asset-related businesses in the United States must register MSB licenses with FinCEN.

The US MSB license is a financial license supervised and issued by the Financial Crimes Enforcement Bureau, an agency under the U.S. Department of the Treasury.

The MSB license is also the standard license for the top ten global digital currency trading institutions. Coinbase, Binance, OKEx, Huobi, and other top platforms in the world all hold this license.

Go to CoinEx’s Official Website

Accelerate the pace of globalization and promote compliant operations

With the rapid development of the cryptocurrency market, it is imperative that digital currency exchanges move from barbarism to compliance.

CoinEx was established in December 2017.

With its self-developed core transaction matching system and extremely fast and smooth user experience, it is committed to creating the safest, most stable, and efficient global digital currency trading platform for global users.

CoinEx exchange has always adhered to a compliant global development strategy, and the acquisition of the MSB financial license this time means that CoinEx exchange will accelerate its strategic plan for global development.

It is reported that, in addition to the US MSB license, CoinEx is also actively deploying financial licenses in other countries, and compliance with global operations is imperative.

As the gold content of the US MSB license is quite high, it is believed that it will be a pass for CoinEx to crack open the markets of other countries in the future.

The successful application of CoinEx has successfully opened the door of the American market.

In the future, CoinEx will also be able to use its high-quality brands and products.

Expand to a global audience faster and expand the reach of CoinEx in the global market.

Since its establishment, CoinEx has long focused on compliant operations and attached great importance to the security of users’ assets.

The entry into the US market with a compliant attitude reflects the strength and credibility of CoinEx exchange itself, and also brings more opportunities for CoinEx to expand its business coverage and promote its high-speed and long-term business development.

In the future, “licensed” cryptocurrency exchanges will become the norm.

Whoever can adapt sooner will be able to win on the compliance track.

Go to CoinEx’s Official Website