- Are there any restrictions on MSB licenses that we should know about?
- Are they (the principal license holder) going to hold some money? For example, if they got 100% from the customer, do they hold to the funds or will they release it all?
- Are you the owner of the license to be rented?
- Can I pick and choose a few US states for which we require money transmitter license coverage? If so, how does the pricing work?
- Can we also market in the African corridors we are licensed in and send/receive payments between the African corridors?
- Can we apply for a Lithuanian license if we are already incorporated in Ireland? That would be our preferred option given that we’ll need to staff operations in whatever country we do get our license.
- Can we get the US multi-currency accounts without being licensed in the US yet?
- Can we selectively get license coverage for some states in The United States?
- Can we work under a Trust’s Money Transmitter License?
- Can we, in due time, transfer to another license in the future (if one day we decide to obtain our own license in the USA)?
- Can you give some examples of additional services not offered by the Principal License Holder?
- Do I need a license for a private USDT transaction in Florida?
- Do OTC services require a license?
- Do Trust Companies provide money transmitter license coverage?
- Do we have to hire an accounting firm in the license holder’s country?
- Do we need to be licensed in any capacity, such as a money transmitter?
- Do you have any list price for regulatory coverage for each US state to help us pick our “Must-have States”?
- Do you have any typical sponsorship agreements drafts that you could share so I can get a better understanding of the potential terms we can expect?
- Does the solution provider only allow us to conduct business in the US (as we only seek to conduct business in the US based on domestic clients and domestic transfers)?
- For the Bitcoin ATM business, are the financial institutions prescreened and verified?
- How can I gain access to regulatory coverage for Canada?
- How do BIN Partnerships differ from what MSB will provide us?
- How do you get a Forex trading license in the UK, and what does it involve?
- How long does it take to sign the contract with the Principal License Holder providing us with regulatory coverage?
- How long does the leasing period last?
- How long will the money transmitter license coverage be provided for?
- How many days will the owner of the license take to make a deposit (liquidation of the money) in my clients bank account?
- If you’re a billing aggregator and you’re simply providing billing information but not handling the payments, are you considered a money services business?
- Is a money transmitter license required for the operation of closed-loop cards in the United States?
- Is a payout partner provided only in the case of a white-labeled offering?
- Is Faisal Khan the principal license holder or a sublicensee and solution provider (in the case of US as well as the UK/EU rollout)?
- Is nationwide coverage guaranteed?
- Is there a monthly fee charged by the Principal License Holder?
- Is there a non-compete clause for the customers that we bring in?
- Is there an advantage of getting the EMI license in Lithuania vs Ireland?
- Isn’t the idea of ‘renting’ a license considered wrong? Could it have legal ramifications if we rented a license?
- Montana does not require a money transmitter license, so if I register a company there am I exempt from money transmitter licenses?
- Our understanding was that the UK/EU integrations could be possible in Q4 2021, kindly confirm if this understanding is correct.
- Regarding the US: which states are included? Are TX, CA and NY included as part of the initial package?
- Since our company is about to obtain a Labuan Money Brokering license, may I know whether it is sufficient to use this license to apply to be a Registered Agent (RA) under an EMI holder?
- There is no crypto-license sponsorship option in the EU, am I right?
- What are the restrictions on the MSB License that my company will acquire?
- What are the state requirements for authorized delegates in terms of managing funds?
- What does it mean to “lease” a license and what services does your company (Faisal Khan & Co) provide for the fee you charge?
- What does it mean to acquire a Money Transmitter License (sponsorship)?
- What does it mean to list the MUST HAVE STATES?
- What does it mean to sponsor under their license?
- What if the license holder has some problem with the government? Will our funds be frozen?
- What is Europe’s Electronic Money Directive (EMD)?
- What is Europe’s Electronic Money Directive or EMD?
- What is FATF?
- What is Regulatory Arbitrage?
- What is the difference between an agent and non-agent of an EMI in Europe/UK?
- What is the difference between an Authorized Delegate and an Authorized Agent?
- Would the financials be in line with the expectations we have set in the term sheet?
- Would we be sub-licensed under the Principle License Holder (PLH)?
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This page was last updated on December 2, 2024.
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