Étiquette : Transak

Edited by Matt Waller Transak, a leading web3 payment infrastructure provider, has secured Money Transmitter Licenses (MTLs) in Illinois and Missouri. The new regulatory approvals mark a significant step in the firm’s expansion in the U.S. market and will allow it to operate independently in these states. Regulatory Milestone Transak’s new licenses enable the company to engage in money transmission activities in full compliance with state financial laws and consumer protection standards. An MTL permits a firm to facilitate fiat-to-crypto transactions directly—without relying on external provider licenses. This clearance strengthens consumer protection and paves the way for partnerships with local financial institutions. Exclusive confirmation from crypto.new...