stake_defiMember
Posts: 3 · Reputation: 123
#1Aug 30, 2024, 03:30 PM
Hey, I'm on the hunt for a whitelabel MSB license but can't seem to find much. Anyone know where I can lease or rent one?
Looking for MSB License Advice
10 replies 223 views
Check that factsheet on their site. You can register here: https://www.fincen.gov/314a/Login
quantumhashNewbie
Posts: 35 · Reputation: 29
#3Aug 31, 2024, 07:13 PM
I can help you out with getting an MSB license. What country are you targeting?
pixel_vaultFull Member
Posts: 34 · Reputation: 260
#4Aug 31, 2024, 09:10 PM
@OP be careful with people offering help. It varies a lot by country. Some countries handle MSB licenses through the SEC while others go through their Central Bank. Look into your local regulations before anything.
atomicpixelMember
Posts: 12 · Reputation: 199
#5Aug 31, 2024, 09:27 PM
You’re not gonna find the right answers here. Most folks just regurgitate Google results. Honestly, it’s complicated. Better off chatting with a lawyer or a business forum.
Totally disagree about lawyers, lol. They charge a fortune and it may not even be their field. If you go that route, please fact-check everything they say.
atomicpixelMember
Posts: 12 · Reputation: 199
#7Sep 1, 2024, 05:10 AM
RE: True sometimes you gotta pay to get it right instead of wasting time and money. Like building a house yourself, you’ll regret it if you mess it up.
Getting an expert’s help is the best route. Find a lawyer who specializes in crypto. But regulations vary, so start with the authorities to see what license you need.
stake_defiMember
Posts: 3 · Reputation: 123
#9Sep 1, 2024, 10:13 PM
I got quoted $7k by a lawyer! Plus, the MSB license in Delaware costs $25k. Crazy, right?
Cyb3rVect0rMember
Posts: 1 · Reputation: 78
#10Sep 3, 2024, 05:22 PM
www.thecryptolawyers.com they claim they can help you get registered with FinCEN and take care of compliance stuff. They seem affordable for what they offer.
RogueCobraFull Member
Posts: 9 · Reputation: 551
#11Sep 4, 2024, 06:40 AM
Can someone tell me what this all means? Is it mainly for people selling/buying BTC without using exchanges?