As we all know, the MSB (Money Service Business) license in the United States is a financial license issued under the supervision of FinCEN (Financial Crime Enforcement Network, a department under the US Treasury Department), which is used to supervise businesses and companies related to money services, including cross-border remittance, foreign exchange, currency transaction/transfer (including digital currency/virtual currency), ICO issuance, provision of prepaid items and issuance of traveler's checks. Companies engaged in the above-mentioned related businesses in the United States must apply for MSB license in order to conduct business legally.

To apply for msb license in the United States, you must first apply for a local company in the United States, which can operate offshore. The application conditions are as follows:

1. Provide the name of the company for inquiry, which can end with LTD or LIMITED, LLC, Inc., etc. There is no restriction on the company name, as long as there is no duplicate name.

2. Director's information, 18-year-old ID card or passport is enough.

3. The registered capital of each state is different. Some States have to pay state taxes, while others don't. Normally, it is $65,438+0,000.

4. Business scope, no business scope.

After completing the company license registration, start to apply for a license, mainly including:

The financial business scheme design of 1 MSB license

2. Prepare and write application materials

3. Submit an application for MSB license to the US Treasury.

4. During the application process, answer questions raised by the US Treasury and FINCEN.

It takes about 2 to 4 weeks to complete all the procedures. After the license is issued, it can be inquired in official website, the US Treasury Department.

I hope my answer can help you ~