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The MSB license submitted by crypto exchange BITAI to FinCEN has been approved

According to the official news, the Web3-based AI intelligent crypto exchange BITAI submitted the MSB financial license to the US Treasury FinCEN and officially obtained the MSB financial license (registration number: 31000269080016). The US Treasury and the Securities Supervision Commission have clearly emphasized that virtual currency exchanges and their managers must register an MSB license with FinCEN to engage in digital asset-related business in the United States. The US MSB license is a financial license supervised and issued by the Financial Crimes Enforcement Bureau, an agency under the US Treasury Department. The main regulated objects are money services-related businesses and companies.