MyStonks obtains US MSB License, Compliance Journey Begins a New Chapter

2025-07-09 23:12

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Compliance has always been at the core of MyStonks' development strategy. This time, MyStonks has obtained the US FinCEN MSB License, marking an important milestone in the platform's globalization journey.

Source: MyStonks

The decentralized stock token trading platform MyStonks has officially announced that it has obtained a Money Services Business (MSB) license from the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), obtaining compliance qualifications for operation in the United States and its overseas territories. This news has not only become a recent focus of the international digital securities industry but also marks a solid step for MyStonks in global compliance deployment and international development. The approval of the MSB license means that MyStonks can legally conduct related financial services in the United States and overseas territories, providing a secure, transparent digital securities trading environment for global users.

MyStonks is a decentralized trading platform focusing on the tokenization of U.S. stock assets, committed to tokenizing mainstream U.S. stocks and ETF assets through blockchain technology, providing global investors with a fair, transparent, and verifiable-on-chain digital securities trading service. With the goal of lowering the investment threshold and increasing asset liquidity, all trading data is publicly available on the blockchain, greatly enhancing user trust.

MyStonks serves global users, supports multi-currency settlements, covers a diversified asset range including U.S. stocks, ETFs, and continuously introduces U.S. stock spot tokens, ETF tokens, and derivatives trading based on the U.S. stock market to meet the needs of different investors. The platform collaborates with globally renowned custodians to ensure 1:1 real asset custody of on-chain tokens, safeguarding user asset security. As of now, MyStonks has exceeded 10,000 registered users on the platform, has listed 150 mainstream U.S. stocks and ETF spot tokens, and will continue to expand its product line, driving more traditional financial assets onto the chain.

U.S. MSB License: High Authority and Threshold

The U.S. Money Services Business (MSB) license is uniformly regulated by the Financial Crimes Enforcement Network (FinCEN) under the Department of the Treasury and is a highly prestigious federal-level compliance qualification in the U.S. financial services industry. This license applies to the entire U.S. and its overseas territories, has high authority, and is a legal prerequisite for enterprises wishing to engage in currency exchange, fund transfers, payment settlement, virtual currency, and related businesses within the U.S.

Enterprises applying for an MSB license must strictly comply with federal regulations such as the Bank Secrecy Act (BSA), establish a sound anti-money laundering and counter-terrorism financing compliance system, appoint a dedicated compliance officer, conduct regular employee training, undergo independent third-party audits, and maintain a high threshold. Licensed companies also need to regularly report operational conditions to FinCEN, reapply for major changes, and undergo long-term compliance inspections by regulatory authorities.

The MSB license is not only highly recognized in the U.S. market, but is also a crucial qualification for enterprises to expand international operations and connect to the global financial system. Most banks and payment institutions only collaborate with businesses holding an MSB license, making it easier for licensed entities to open corporate accounts and connect to mainstream payment channels. Obtaining an MSB license means that the business has successfully undergone rigorous financial compliance review in the U.S., helping to attract investors, partners, and global users' trust.

Significance of Obtaining an MSB License

MyStonks' successful acquisition of the U.S. MSB license has brought profound and multi-faceted implications. Firstly, the platform's compliance and security have been significantly enhanced, establishing a compliance system that complies with U.S. federal regulations, including anti-money laundering, counter-terrorism financing, customer identification, and risk control mechanisms. The platform will undergo regular audits by regulatory authorities to ensure compliance and transparency in business processes, providing a safer and more reliable digital securities trading environment for global users.

Secondly, the MSB license has provided MyStonks with a solid foundation for legal operation in the U.S. and overseas territories, as well as laid a compliance groundwork for the platform's future expansion into international markets such as Europe and Asia-Pacific. Starting with the U.S. market, the platform will gradually apply for international mainstream financial licenses such as the UK FCA, EU MiCA, Hong Kong VASP, Singapore MAS, etc., constructing a global compliance network layout.

Furthermore, obtaining the MSB license has greatly enhanced MyStonks' brand influence and credibility in the international digital asset industry, making it easier to obtain support from financial infrastructure such as banks, payment institutions, and partners in the future, providing users with a more extensive range of financial services. The platform will also actively participate in international industry associations and standard organizations, driving industry standard-setting, and leading innovation and standards in the field of digital securities and asset tokenization.

Compliant Development as the Core Strategy

Compliance has always been the core strategy of MyStonks' development. MyStonks' acquisition of the U.S. FinCEN MSB license this time is a significant milestone in the platform's globalization journey. In the future, MyStonks will build on this achievement, continue to increase compliance investment, actively expand qualifications in global mainstream financial markets, and promote deep integration of traditional financial assets with the Web3 ecosystem. Driven by a dual strategy of compliance and innovation, the platform will provide global users with a safer, more transparent, and efficient digital securities investment experience, supporting the healthy and sustainable development of the digital economy.