Introduction In the rapidly evolving world of financial services, businesses often find themselves navigating complex regulatory landscapes. This is particularly true for foreign Money Services Businesses (MSBs) looking to expand their operations into the United States. This article aims to…
Introduction In the evolving world of finance, one term gaining significant attention is Central Bank Digital Currency, or CBDC. Unlike traditional fiat currencies issued by central banks, a CBDC represents a new frontier in the realm of digital finance. However,…
Crypto asset service providers (CASP) are entities that offer various services related to cryptocurrencies or digital assets. These services can include custody, exchange, trading, wallet management, asset management, and other related services. CASPs are often regulated by financial authorities and…
Crypto asset service providers (CASP) are entities that offer various services related to cryptocurrencies or digital assets. These services can include custody, exchange, trading, wallet management, asset management, and other related services. CASPs are often regulated by financial authorities and…
As the world of digital currencies continues to evolve, it’s important to understand the various processes that make cryptocurrencies like Bitcoin and Ethereum tick. One such process that often leaves newcomers puzzled is the concept of “minting” a coin. Although…
A Mini Guide to Benefits, Pros and Cons, and Best Use Cases Introduction Stablecoins are digital assets designed to minimize price volatility by pegging their value to a stable reserve, such as a currency or commodity. They are commonly used…
This page is NOT optimized for viewing on a mobile device. The US cryptocurrency regulation landscape is complex patchwork of laws and regulations regarding money services businesses (MSBs) and virtual currencies, crypto, cryptocurrency, and virtual assets. Each state and territory…
Taking custody of crypto refers to the act of obtaining and securely storing ownership of cryptocurrency. This typically involves creating a digital wallet, where the user can store their cryptocurrency, and then transferring the cryptocurrency from an exchange or other…
A blockchain is a type of computer program that allows a group of people to record and verify transactions without the need for a central authority. It works by creating a permanent, digital record of all the transactions that have…
There are a number of challenges that the money transfer (remittance) industry faces when it comes to using cryptocurrency, including: