17 December 2019 by Clementine
The loan business in crypto-currencies BlockFi, has recently published through an e-mail to obtain a remittance license (MTL) in the State of Washington, in the United States.
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The crypto-lender conquers the State of Washington
Acting as a pioneer, BlockFi now offers accounts of crypto-currencies to residents of the State of Washington. The new service of the company’s trading is already accessible to the citizens of this State.
The ultimate objective of the platform is to expand its loan service to a wider audience, as embodied by this license.
“In the framework of the preparation for the launch of the transaction, BlockFi has completed the registration of MSB with FinCen and has expanded its strategy of license status to include licenses for money transfer in addition to its existing loan existing state “, she had announced previously.
BlockFi fixed its objectives
We note that, previously, BlockFi offered his services with his license ready for consumption. Now that the new license has been issued, the company recorded an improvement in its offerings ” with an option of ramp and stop in fiat currency “.
The company boasts of having always been in compliance. This criterion reveals its usefulness for the creation of a framework of trust for the crypto-currencies as a financial system as a whole.
A remarkable advantage will be passed on to the development of the institutional capital, and the company will have a share of the market is still growing, with the influx of new products and the conquest of new customers.
The implementation of services in Washington, is a living proof that these goals are quite achievable, knowing that the State of Washington has also developed a project of law in favour of the technology Blockchain according to the reports published in may.
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Clementine
Passionate about the universe geek, Clementine finds the news more interesting and involved in their drafting.