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Home Crypto Glossary MSB Registration

What is MSB Registration for Crypto Businesses?

MSB (Money Services Business) registration is required for most US-based crypto payment gateways under the Bank Secrecy Act, administered by FinCEN. Registered MSBs must implement AML programs, file SARs, comply with the Travel Rule, and maintain transaction records. Operating a crypto payment service in the US without required FinCEN registration may violate federal law.
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Other Terms from the Crypto Industry

Payment Institution License AML Program SAR Filing VASP FinCEN Registration Travel Rule

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