Daily Fintech Podcast: Episode 2 – Why do you need a money transmitter license if you are outside the United States, but are signing up US Customers?

Episode 2 – Why do you need a money transmitter license if you are outside the US?

Most businesses don’t understand why they need to be licensed in the United States when they are not physically present in the US, especially for financial related products & services. Well, the answer lies with a FinCEN advisory.