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Regulatory Compliance

Comprehensive compliance framework for US cryptocurrency exchange operations

US Regulatory Framework

Operating a cryptocurrency exchange in the United States requires extensive regulatory compliance across federal and state jurisdictions. Our comprehensive compliance program ensures full legal operation.

FinCEN MSB Registration

Planning Phase

Money Services Business registration with the Financial Crimes Enforcement Network.

  • Federal registration as MSB
  • Compliance officer designation
  • Suspicious activity reporting
  • Currency transaction reporting

State Money Transmitter Licenses

Licensing Roadmap

Individual state licensing across 49 states requiring Money Transmitter Licenses.

  • Individual state applications
  • Surety bonds ($25K - $2M per state)
  • Background checks and fingerprinting
  • Ongoing compliance reporting

KYC/AML Programs

Framework Development

Comprehensive Know Your Customer and Anti-Money Laundering compliance programs.

  • Customer identification program
  • Enhanced due diligence procedures
  • Transaction monitoring systems
  • Suspicious activity reporting

Travel Rule Compliance

Technical Planning

Compliance with Travel Rule requirements for transactions over $3,000.

  • Originator information collection
  • Beneficiary data verification
  • Secure data transmission protocols
  • Record keeping requirements

SEC/CFTC Oversight

Regulatory Monitoring

Securities and commodities regulatory compliance for digital assets.

  • Securities classification analysis
  • Commodities trading compliance
  • Market manipulation prevention
  • Regulatory reporting protocols

Risk Management

Policy Development

Comprehensive risk management framework for regulatory compliance.

  • Operational risk assessment
  • Liquidity risk management
  • Market risk controls
  • Compliance risk monitoring

Licensing Roadmap Timeline

Phase 1

Federal Registration

Duration: 6-12 months

Planned
Phase 2

Priority State Licenses

Duration: 12-18 months

Planned
Phase 3

Remaining State Licenses

Duration: 18-24 months

Planned
Phase 4

Full US Operations

Duration: 24-36 months

Planned

Important Legal Notice

• Operating without proper licenses can result in fines up to $700,000 or criminal prosecution

• State licensing costs range from $25,000 to $2,000,000+ in surety bonds per state

• Full compliance timeline typically requires 24-36 months for complete US operations

• Ongoing compliance costs include legal, audit, and regulatory reporting expenses

Compliance Commitment

We are committed to full regulatory compliance and maintaining the highest standards of legal operation across all US jurisdictions.

49
State Licenses Required
$50M+
Total Compliance Investment
36
Months to Full Compliance
24/7
Compliance Monitoring