Got a Cryptocurrency Project? Think you’re exempt from licensing? Think again!

Far too many people are wrongly guided as to the exemption of money transmitter licenses for their cryptocurrency project. The fact is, in most cases, a money transmitter license is required for cryptocurrency projects in the United States. Just because a state says you’re exempt, does really mean all that. Examine the intent, your transaction set and your flow of fundsFlow of Funds Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. .

This video explains why (in my opinion) you need to consider that you most probably need a money transmitter license for your cryptocurrency project.

Here is another video you also might want to see: How Much Does A Money Transmitter License Cost? Some $ figures for you!

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This page was last updated on December 14, 2021.