NovaPay has secured a significant milestone with the US MSB license, facilitating its operations in currency exchange and remittance. This strategic approval supports Newland’s global business ambitions and enhances potential involvement in the digital currency sector.
Major firms like Binance US and Circle have also acquired MSB licenses, which are crucial for integrating fiat-to-crypto services. With Bitcoin currently priced at 106,551.05 USD, regulatory approvals in this domain are indicative of the evolving landscape for digital transactions.
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