NEWLAND: The company has recently obtained the US MSB license

NEWLAND stated on July 3rd on the interactive platform that the company has recently obtained the MSB license from the United States. This license is a federal-level financial compliance permit issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, covering scenarios such as currency exchange, remittances, and digital currency transactions. According to FinCEN guidance documents, the transmission and receipt of stablecoins fall under money transmission services, requiring registration for an MSB license and compliance with anti-money laundering obligations. The next step for the company is to apply for and register payment licenses in other relevant regions, continuously expanding its global business to enhance its competitive advantages and provide global customers with higher quality, safer, and more efficient cross-border financial and payment services