Consult about a License for NFTs, Currency, Cryptocurrency Exchange in 50 States of the USA, Currency Crypto NFTs Tokens and Crypto News 2022 from SEC/ MSB/ FINCEN/ BSA/ AML/ CFT;
1. Money Service Business (MSB) under Bank Secrecy Act
2. Nationwide Multistate Licensing System- NMLS
3. US Securities and Exchange Commission Registration
4. AML Programs & Regulation FinCEN Compliance
5. Investment Adviser License from SEC USA
6. Bit License from Newyork
7. MTL License from Newyork
8. Alabama Virtual/ Fiat Currency License
9. Alaska Money Transmitter License & State Limited Licensing Agreement compliance
10. Arizona Money Transmitter License
11. Arkansas Uniform Money Services Act Compliance
12. California – “Uniform Regulation of Virtual Currency Business Act” Compliance & Escrow License
13. Colorado Digital Token Act Compliance
14. Connecticut Money Transmitter License
15. Delaware Money Transmitter License
16. District of Columbia Money Transmitter License
17. Florida Sandbox License
18. Georgia Licensing U/s O.C.G.A. §7-1-681
19. Hawaii Permission from Digital Currency Innovation Lab
20. Idaho Money Transmitter Act Simple Compliance
21. ILLINOIS MTL License
22. Indiana Simple Information Compliance
23. Lowa Universal Uniform Money Services Act
24. Kansas Money Transmitter Act Compliance
25. Kentucky Money Service License
26. Louisiana Virtual Currency Business Act Compliance
27. Maine Simple Compliance
28. Maryland Money Transmitter License
29. Massachusetts Money Transmitter License
30. Michigan e-Wallet Money Transmission License
31. Minnesota License form MCD
32. Mississippi Simple Compliance information
33. Missouri -Simple compliance of Sale of Checks Law
34. Montana – Simple Exemption
35. Nebraska Financial Innovation Act. Simple Compliance
36. Nevada Financial Institutions Division Intimation (NFID) & MTL License
37. Hampshire’s license under RSA § 399-G:2
38. New Jersey State’s Security Board Registration
39. New Mexico State Money Transmitter Act Compliance with FID
40. North Carolina MTL License
41. North Dakota Simple Compliance
42. Ohio MTL Compliance
43. Oklahoma MTL Simple Compliance
44. Oregon NML Compliance
45. PENNSYLVANIA Exemption
46. South Carolina Blockchain Industry Empowerment Act of 2021 & MTL
47. Rhode Currency Transmission License
48. South Dakota NMLS Updation and MSB Virtual Currency
49. Tennessee MTL Simple Compliance
50. Texas AML / MTL Simple Compliance
51. UTAH Exemption Simple Compliance
52. Vermont Simple Compliance
53. Virginia Letter of Interpretive Opinion
54. Washington Strict Blockchain and Money transmission Licenses
55. West Virginia AML & Sandbox Simple Compliance
56. Wisconsin State Agreement affirming that Company will not use Virtual Currency to Transmit Money
57. Wyoming – Notice of Intent to State to Comply Financial Technology Sandbox Act.
Part -2 Agreements required for Cryptocurrency, TOKENS, NFTs, COIN OFFERING Startups;
| 1. | Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT PROGRAM) |
| 2. | Operating Agreement, Terms of Service & User Agreement (Including CCPA & GDPR compliance) |
| 3. | End-User License Agreement |
| 4. | ACH Authorization |
| 5. | Trade Mark/ Patent Notices |
| 6. | Membership Agreement |
| 7. | All Income Tax / GST/ VAT/ Sales Tax requirement |
Ask procedure to get a License for Currency Crypto Token NFTs in USA and other Countries from Advocate Deepak Malhotra;
Frequently Asked Q&A – Crypto News & How to get a license for Cryptocurrency in USA (All 50 States)/ Other Countries?
Whether Crypto, NFTs, Coin, or Digital Wallet comes under MSB?
Yes, If you are dealing in any of the CryptoCurrency mentioned above, it comes under MSB, and registration as a Money Service business is mandatory.
How I can get Crypto News today in the USA
You may get the latest information from the official website of FinCEN and SEC USA. Regarding any other country news, regulations, and Legal Opinion you may mail at deepakmalhotra1966@gmail.com or may fix a VC session with Advocate Deepak Malhotra.
What are the steps for licensing the activity of Cryptocurrency Exchange in USA as per latest guidelines 2022?
1. Open an Account with BSA E-filing
2. Apply for Money Service Business Application with FinCEN & Bank Secrecy Act
3. Receive Initial MSB Initial Registration Number
4. Prepare Anti-Money-Laundering Policy and Procedures Manual
5. Appoint AML/CFT Compliance Officer
6. Make an NMLS Account
7. Send INTAKE APPLICATION to the leading State
8. Apply NMLS Phase 1 Money Transmission and Seller of Check License in 12 States
9. Obtain Electronic Surety Bond
10. Get Background Criminal Check
11. Submit Fee
12. Apply Phase 2 Licenses for 18 States
13. Apply Bit License
14. Get Investment Exemption from SEC USA
15. Get Investment Adviser License if investors cross $25 M (State SEC USA) or $100M (Federal SEC)
16. START CRYPTOCURRENCY EXCHANGE IMMEDIATELY IN JUNE 2022