  Recently, Coinbetter announced that it has been officially approved as an MSB (Money Services Business) license in the United States and Canada, and is officially regulated by relevant departments to engage in services such as cryptocurrency transactions. This indicates that Coinbetter actively embraces the supervision of various countries and fully pursues the development of compliance.

The US MSB (Money Services Business) license is a financial license supervised and issued by the Financial Crimes Enforcement Bureau, FinCEN, an agency under the U.S. Department of Treasury. The main objective of supervision are money service-related businesses and companies. Companies engaged in currency trading/transfer (including digital currency/virtual currency) and other related businesses in the United States must apply for an MSB license in order to operate legally. In March 2018, the U.S. Department of Treasury and Securities and Futures Commission once clearly emphasized that MSB is a virtual currency exchange and its administrator, and it must register an MSB license with FinCEN to engage in digital asset-related business in the United States.

The Canadian MSB license is regulated by FINTRAC. The Canadian Financial Transaction and Report Analysis (FINTRAC) is Canada's financial intelligence unit. It was established in 2000 and is mainly responsible for collecting, analyzing, evaluating and disclosing relevant information on the Canadian financial industry to protect Canada's financial stability. and safety. Canada is one of the countries with transparent legislation on digital currency transactions in the world. Holding a Canadian MSB license can carry out digital currency-related services such as transactions, payments, derivatives, etc. in Canada.

Coinbetter is one of the most advanced encrypted digital asset trading platforms in the world. It supports a variety of digital asset transactions and provides one-stop services such as currency, legal currency, contracts, and lending for international users in Europe, North America, and Oceania. Relying on the leading cross-chain technology, Coinbetter can realize the exchange of multi-chain ecological assets such as BTC and ETH with assets on the exchange. Through the advanced multi-layer and multi-cluster system architecture, high-performance consensus mechanism and high-performance side chain expansion technology, it supports cross-chain transactions between multiple currencies, allowing user assets to circulate rapidly around the world; at the same time, it will establish multiple central operation system that improves the performance, security, stability and scalability of the system, maximizes the operation experience of end users, creates a safe and convenient digital currency trading platform for users, and truly realizes the cross-chain bridge. The leading product of centralized exchanges.

This time, Coinbetter has obtained dual licenses of MSB in the United States and Canada, which means that Coinbetter's digital asset services in the United States and Canada are already compliant and legal. At the same time, relevant departments will ensure the openness and transparency of Coinbetter by supervising Coinbetter.

At the same time, this will also help Coinbetter gain the trust of global investors, accelerate the development of the exchange, and take a key step in the compliance of Coinbetter.

After successfully obtaining dual MSB licenses in the United States and Canada, Coinbetter added: "The government places compliance and security operations at the most important links, and will continue to promote global compliance operations in the future. For Coinbetter, the MSB license is a good form of beginning, Coinbetter will continue to bring more surprises to users in the future!”

If you want to know more about Coinbetter, welcome to contact us, Coinbetter market brand cooperation email: media@coinbetter.com, looking forward to communicating with you.

Nowadays, the development of cryptocurrency presents a situation of “ice and fire”. A number of Bitcoin futures ETFs have been approved for listing and trading, and the enthusiasm for cryptocurrency trading has been ignited again; and the cryptocurrency business in some countries and regions is undergoing a “big retreat” under multiple blows, and some small and medium-sized institutions have directly announced the closure. Users in the small currency circle are also beginning to try to find new trading paths.

Under this opportunity, Coinbetter.com relied on the news that it reached a comprehensive strategic cooperation with ZT trading platform, which aroused heated discussions among international netizens. As a dark horse of the cryptocurrency trading platforms, the emergence of Coinbetter.com at this time meets the new trading needs of users in the current blockchain and financial industry.

It is understood that Coinbetter.com was established in 2018 and is one of the most advanced cryptocurrency trading platforms in the world. It supports multiple crypto currency transactions and provides crypto, legal currency, contracts, loans, etc. for international users in Europe, North America, and Oceania. One-stop service, dedicated to creating a safe, reliable, smooth and easy-to-use cryptocurrency trading platform.

From obscurity to occupying a place in the international market, the Coinbetter.com team has made unremitting efforts. The core members of the team have a significant international financial background and come from world-renowned companies such as Bloomberg and Blockchain.info. The core employees also have senior financial and blockchain experience. Many of them come from the New York Stock Exchange, GOOGLE, Facebook, Jianan Zhizhi, and other branches. The product and technology departments of a well-known enterprises and institutions such as early blockchain technology developers. Currently, Coinbetter adopts distributed offices, including New York, Tokyo, Singapore and many other countries and regions around the world.

For a long time, Coinbetter.com has always existed providing safe cryptocurrency transactions for international users. Coinbetter.com uses a variety of advanced technologies such as distributed server clusters, distributed storage, multi-machine mutual backup high-speed memory transaction engine, cold wallets, and hot wallets with offline private keys to fundamentally ensure the security of users’ assets. All funds are stored in deep cold storage to completely eliminate all possible dangers and provide bank-level security risk control for every user.

Providing convenient, safe, and comprehensive one-stop service is the core of an exchange’s vigorous development. Coinbetter.com has further developed on the traditional transaction model, providing users in global compliance regions with mainstream virtual currency and derivatives transactions including BTC and ETH, and meeting users’ diverse transaction needs such as cryptocurrency, legal currency, contracts, and lending at any time, Support full business functions.

With the advent of 2022, Coinbetter.com will strive to build a more diversified, international and intelligent brand, and provide users with more convenient products and more inclusive secure transaction services with hard-core brand strength. Continue to keep up with the pace of the development of the encrypted blockchain market, based on the present, with a long-term view, and on the basis of consolidating and optimizing the original services, to continue to innovate to provide users with more diversified crypto currency and derivative trading options.

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