MSB is not a trivial license — it's truly serious and official from the U.S. Department of the Treasury (via FinCEN).

So it's true, you can't just randomly create a crypto platform and claim it's legal in the U.S. without this license. You must:

Have a clear company structure

Comply with AML & CTF regulations (anti-money laundering & counter-terrorism financing)

Report routine transactions & update ownership structure

Therefore, if there is a project claiming to be "legal in the US", but cannot prove it has an MSB license, it should be treated with suspicion 🤨

Hurry and join the keychain