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Newland: Overseas Subsidiary Launch and Acquisition of U.S. MSB License, Enabling Digital Currency Trading and Beyond
2025-07-01 /
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Author：小编
NovaPay US Inc., a wholly-owned subsidiary of Newland's holding entity, has successfully established operations in the United States and secured an MSB (Money Services Business) license approved by FinCEN. With a nominal registered capital of US$1, NovaPay US Inc.'s business portfolio encompasses currency trading, transfers, exchanges, and international remittances. The acquisition of the MSB license not only establishes a legal framework for NovaPay US to engage in cross-border capital transactions but also empowers it to support diverse scenarios, notably digital currency trading, thereby accelerating the execution of its global expansion strategy.
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