In today’s increasingly competitive cryptocurrency exchange market, compliance has become the key to sustainable platform development. On July 16, 2021, VIYAKA obtained the Canadian MSB (Money Services Business) license and successfully obtained the US MSB license, marking an important milestone in its global compliance operations in the cryptocurrency market. The acquisition of these licenses not only proves that VIYAKA business and operations comply with Canadian and US laws and regulations, but also establishes a solid compliance foundation for its business expansion worldwide.
The Importance of MSB Licenses
In the cryptocurrency industry, compliance and innovation are the twin wings that drive exchanges towards success. In 2021, VIYAKA, with its relentless efforts and pursuit of excellence, successfully obtained the Money Services Business (MSB) licenses in Canada and the United States. This not only highly recognizes VIYAKA compliance and professionalism, but also opens new doors for its expansion and development in the global market.
Obtaining the MSB licenses means that VIYAKA has met the strict requirements of international regulatory bodies in key compliance areas such as anti-money laundering (AML) and customer identity verification (KYC). This milestone event not only enhances the trust and professional image of VIYAKA in the minds of global users, but also provides a key passport for it to enter the world’s most mature financial markets.
Impact on VIYAKA
The acquisition of these important licenses is a milestone event for VIYAKA, demonstrating its firm commitment to providing secure, transparent, and compliant cryptocurrency trading services. This not only enhances VIYAKA market competitiveness, but also lays a solid foundation for attracting global users and institutional investors. With the MSB licenses, VIYAKA is able to expand its service scope to cover diversified financial services such as cryptocurrency trading and cross-border payment processing, catering to the needs of different users and providing a passport to enter the world’s most mature financial markets.
More importantly, the acquisition of these licenses provides strong impetus for VIYAKA global expansion strategy. It not only enables VIYAKA to establish a solid foothold in key markets such as Canada and the United States, but also provides unlimited possibilities for further exploration and development of new international markets. As the global cryptocurrency market continues to mature and develop, VIYAKA, with its solid compliance foundation and innovative spirit, is forging a new legend in the global market with firm steps.
The successful acquisition of Canadian and US MSB licenses by VIYAKA not only highlights its industry-leading compliance and security levels, but also lays a solid foundation for its global development strategy. In the future, VIYAKA will continue to uphold its commitment to safety, transparency, and innovation, providing higher quality services to global users and jointly exploring the infinite possibilities of cryptocurrency trading.
