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Recently, significant news has emerged in the industry: KeyChain Intelligence has successfully obtained a Money Services Business (MSB) license in the United States. This license is issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury and is an important regulatory permit for financial and currency service activities.
KeyChain, as an emerging blockchain project, is composed of two entities: KeyChain Foundation and KeyChain Intelligence. The entity that has obtained the MSB license is KeyChain Intelligence, marking an important step for the project on its path towards compliance.
It is worth mentioning that the MSB license is also applied for by well-known cryptocurrency exchanges such as Binance and Coinbase. The acquisition of this license not only demonstrates KeyChain's commitment to compliance but also lays a solid foundation for its future expansion in the U.S. market.
This move reflects the regulatory authorities' emphasis on the digital asset industry and indicates a trend of industry participants actively embracing regulation. As more and more blockchain projects obtain relevant licenses, we can foresee that the compliance process of the digital asset industry will further accelerate, injecting new momentum into the healthy development of the entire industry.