Blockey finance is delighted to announce the acquisition of the MSB (Money Services Business) license in the USA. This license enables Blockey to carry out its financial operations legally in the USA. Blockey joins the league of top exchanges like Binance, Huobi and Okex. These aforementioned exchanges are operating in the USA with this license.

A Blockey Spokesperson says, “The acquisition of the MSB licence in the USA is a welcome development that puts us on the same pedestal as top exchanges like Binance, Huobi and Okex. The MSB license will allow us to break into the US market and improve it. It will be beneficial to the further development of Blockey’s business in the United States.”

The MSB (Money Services Business) is a financial license supervised and issued by FinCEN (Financial Crimes Enforcement Network, a division of U.S. Department of Treasury), mainly to supervise money service-related businesses and companies including international remittance, foreign exchange, currency trading/transfer (including digital currency/virtual currency), ICO issuance, provision of prepaid items, and issuance of traveler’s checks. Companies engaged in the above-related businesses in the United States must apply for an MSB license to operate legally.

In March 2018, the US Treasury and the Securities and Futures Commission clarified that MSB is a must license for cryptocurrency trading platform and its administrator to engage in digital assets related businesses in the United States, The MSB license can help Blockey enter the US market and realize to transact between digital currency and the US Dollar, which will benefit the development of the blockchain.

The MSB license is highly compatible with the main business of Blockey. it will be beneficial to the further development of Blockey’s business in the United States. At present, Blockey offers a variety of international mainstream currency-related services including US Dollar, EUR, GBP, HKD, JPY, AUD, etc.

By the strict risk control and auditing standards, Blockey has continuously introduced qualified remittance providers, and gradually established a comprehensive and compliant operating system to ensure the safety of every payment in the platform.

Starting with the successful acquisition of the MSB license, Blockey will continue to increase its global compliance investment, bringing a more convenient, safe and quality service experience to users and partners around the world.

Blockey’s proficiency emanates from providing BaaS (Blockey as a Service) with identity-based cryptography algorithms, distributed database and blockchain intelligent hardware as the core underlying hardware and software technology framework.

The core of Blockey lies in its digital identity, brokerage transaction, and management on digital assets. This allows Blockey to thrive where tens of thousands of digital asset exchanges in the world fail because of extremely shared liquidity and lack of brokerage services that help integrate traffic.

A Blockey Spokesperson says, “Blockey aspires to rise to be an awakening elite organization and protector of human civilization is in awe of the unknown Internet of Things and the evolvement of AI. We will use BTTN technology to apply to the trusted network of the inter-industry chain, establish a digital sky intelligent system, establish a network of robot intelligent nodes in the city, and make the machines such as drones or unmanned vehicles become city service flow of self-operating. Everything is an independent ID, and everything is a flow service. Through the Blockey Intelligence chain and the extensive intelligent flow is going to establish an interactive, transparent ‘supervision’ mechanism. Let us join the new era of carbon-based and silicon-based civilization symbiosis and prosperity.”

Using extensive marketing and technical roadshows allows Blockey break into the European and North American market. They have systematically reached a large audience, and it is worthy of note that their marketing is booming and popular both nationally and internationally.

About Blockey

Headquartered in London, Blockey was founded in 2014 by Morgan Stanley DMG & Partners Securities, Swiss Blockchain Foundation, DCG, Gilder Technology Fund, and Boost VC. After five years’ development, the R&D team of Blockey has grown to over a hundred people and has research branches in London, Switzerland, Finland, New York and Chicago with businesses covering over thirty countries. The clients comprise institutions, banks, family funds, professional traders, and investors.

The core of Blockey lies in its digital identity, brokerage transaction, and management on digital assets. It provides BaaS (Blockey as a Service) with identity-based cryptography algorithms, distributed database and blockchain intelligent hardware as the core underlying hardware and software technology framework. FinTech is utilized to define new forms of organization in the interpersonal network flows, information flows and intelligence flows, which help to reconstruct, share and cooperate.