This is how it really works... (see for comparison purposes)Banxa opens Nevada office, applies for MTL licences 2022-07-27 11:06 ET - News Release Mr. Holger Arians reports BANXA ESTABLISHES USA OFFICE, SUBMITS 8 LICENSE APPLICATIONS IN WORLD'S LARGEST CRYPTO MARKET Banxa Holdings Inc. has made its physical entry into the United States and submitted its first money transmitter licence (MTL) applications to solidify its position in the world's largest and most lucrative crypto market.
Revo has been talking like they only need the one Florida license, yet why are all these real crypto Companies needing to apply for all States to be compliant ? " To date, eight MTLs have formally been lodged between July 22 and 26. The company anticipates lodging the remaining 34 applications in August. It is expected that the licences will be received in tranches from as early as October, 2022, through July, 2023. Banxa is already registered as an MSB with the Financial Crimes Enforcement Network (FinCEN)."