Tag: MTL
Tools to help keep your recordkeeping and reporting in line
September 12, 2022
Show of hands: who loves ongoing state money transmitter license (MTL) compliance? What’s your favorite part? Is it the impossibly meticulous recordkeeping requirements? How...
Who’s in charge of your institution’s MTL compliance?
August 9, 2022
One way to put your cryptocurrency firm out of business is to run afoul of regulators. Unfortunately, in the U.S., regulations haven’t caught up...
State licensing is a growing trend in crypto. Here’s what businesses need to do
July 11, 2022
The rise in popularity – and value – of a number of cryptocurrencies, as well as some pandemic-induced concerns, led to a considerable increase...
How state reporting worked before ComplyFit
March 7, 2022
Recently a friend of ours (we’ll call him “George”) went through a situation that’s, unfortunately, all too common for those running cryptocurrency businesses. From...
How ComplyFit makes regulatory reporting easy
February 7, 2022
Staying in the good graces of financial regulators is a tightrope walk for any money transmitter business, both traditional and crypto. Beyond the Financial...