Innovative models require more safety regulators

Volans trader invites the world-renowned blockchain technology forum association to conduct in-depth supervision on the blockchain technology level and the blockchain industry ethics.

Introduction to MSB

The US MSB (money services business) license is a financial license supervised and issued by FinCEN (financial crime enforcement network, a department of the U.S. Treasury Department), which is used to supervise businesses and companies related to money services, including Cross border remittance, foreign exchange, currency transaction / transfer (including digital currency / virtual currency), issuance of circular certificate, provision of prepaid items, issue of traveler's check, etc. FinCEN, for example, is required to register with FinCEN in the United States and to maintain information about the types of transactions FinCEN may need to register and maintain, depending on the types of transactions FinCEN may require The number of different branches and / or agents.

Regulatory agency introduction

Founded in Switzerland, the Capital Markets and Technology Association (CMTA) is a non-profit, non-governmental organization that has formed committees from companies in different industries. It aims to provide financing channels for enterprises and ultimately promote the creation of economic value by defining an open standard supported by the industry. Since Zug, a financial technology, blockchain and digital currency activity center, is located in Switzerland, CMTA has high hopes for the international investment industry in terms of rigor and professionalism.