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MSB Financial License

MSB License


The MSB License, formally known as the Money Services Business License, is a financial license issued by the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury. This license is applicable to companies engaged in specific financial service activities, particularly those related to currency circulation, exchange, or transfer.

Scope of Application for MSB License


Companies holding an MSB License can legally operate the following businesses:

  1. Currency Exchange Services
  • Provide exchange services between fiat currencies or between fiat and cryptocurrencies
  1. Remittance Services
  • Handle cross-border and domestic fund transfers
  1. Prepaid card or virtual currency services
  • Activities involving issuing, transferring, or exchanging cryptocurrencies
  1. Payment Processing
  • Provide third-party payment or fund settlement services

Role of the MSB License

  1. Compliant Operation
  • With an MSB license, companies can operate legally in the U.S. while complying with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.
  1. Enhance Trust
  • The MSB license is an important compliance certification in the international financial market, capable of increasing trust among clients and partners.
  1. Support Business Expansion
  • Companies holding an MSB license find it easier to gain support from banks and payment channels, facilitating global business expansion.

Application and regulatory requirements

  • Application Process

Applicants must submit detailed business information to FinCEN, including company structure, scope of operations, and anti-money laundering compliance plans.

  • Regulatory Requirements
  1. Comply with U.S. Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations.
  2. Regularly report suspicious transactions and large transaction records to FinCEN.

Holding an MSB license is a crucial step for fintech companies, especially those dealing with cryptocurrency and payment services, to enter the U.S. market.

Query Steps


Click the link to directly access the U.S. government official query website.

  1. Go to the official U.S. FINCEN MSB website ： https://www.fincen.gov/
  2. Click on “Money Services Businesses Information”
  3. Enter “Aifeex” in the LEGAL NAME field and click the “Search” button below.
  4. The search results will display basic company information, such as the company name and registration type.

For more information, click on the company name link and download the MSB financial license certificate.

MSB License Inquiry Tutorial Video