CRPOBASE obtained the commercial license for monetary services (MSB) issued by the Financial Crimes Enforcement Network (Fincen) from the US Treasury Department, officially ending its registration of compliance in the United States. This step means that CRPOBASE as one of the very rare global cryptocurrency trading platforms with national registration and US licenses, presenting more compliance and regulatory transparency in the global digital asset industry.
Compliance has become the basic competitive advantage for the platform, the CRPOBASE deepening its global regulatory provision.
CEO Michael Garrett de Crpobase said in a media interview: “We have not only established a physical entity in the United States, but also chose the” American regulatory structure “such as the cornerstone of exchange governance. It is a question of providing global users and institutional customers of clearer and more reliable legal and financial certainty.”
Curpobase Exchange has currently established complete anti-white (AML) compliance processes and know your client (KYC), strictly adhering to the US Bank Secrecy Act (BSA) and the FACT FACT recommendations (FATF) to combat money laundering. Thanks to multilayer verification mechanisms in registration, trading, withdrawals, guard and other aspects, user data protection and risk screening are carried out to ensure that user assets are monitoring, verifiable and traceable throughout the process.
Approved by the MSB license, Crpobase attracts world capital and institutional trust.
The American MSB license, as one of the most authoritative financial regulation qualifications in the world, requires strict requirements for the safety capacities of platform assets, risk control capacities, anti-flowage mechanisms and customer protection mechanisms, among others. The successful approval of the CRPOBASE indicates that its technical architecture, its financial transparency and its compliance operations have complied with the international standards of financial institutions.
According to the analysis of industry experts, in the context of the tightening of global compliance and stricter journals, the CRPOBASE acquisition of the MSB qualification is equivalent to obtaining a “passport for the global market for institutional capital”. This will not only help the platform to extend its high-value and institutional customers in more European and American regions, but also jets a solid base for future license demands in Singapore (PSA), the EU (Mica), Japan (FSA) and other countries.
Crpobase Exchange: Establish the cornerstone of compliant, secure and international digital asset trading trading
As one of the main global platforms of digital assets, Crpobase Exchange has always joined the basic development philosophy of “stimulating compliance growth, the empowerment of the ecosystem”. Based in the United States, the platform offers various services, including cash trading, the exchanges of stablescoin, the DEFI aggregation bridges, institutional guard, etc. It currently serves more than 15 million users worldwide in North America, Europe, Southeast Asia, the Middle East and other main markets.
In the future, CRPOBASE will continue to expand its global footprint, promotes deep cooperation with international regulators, sovereign funds, large brokerage companies and traditional financial institutions, striving to become the “most reliable compliant financial foundation” in the global web infrastructure.
Contact with the media
Contact: Sandra C. Collins
Company name: Crpobase Ltd
Website: https://trade.crpobasex.com
Notice of non-responsibility: The information provided in this press release is not a request for the investment, nor investment advice, financial advice or commercial advice. It is strongly recommended to practice reasonable diligence, including consultation with a professional financial advisor, before investing or negotiating cryptocurrency and titles.
