Classification of activities
We assess the product, who receives or transmits value and the role of the company. Not all Web3 projects receive the same regulatory treatment.
Business services - International regulation
Advice for crypto businesses assessing their US activities and preparing for MSB registration with FinCEN where applicable. We start with what your business does, where it operates and whom it serves to organise the next regulatory steps.
Book a business assessment →USD 95 - 60 minutes - Online consultation
For cryptoasset exchange and transfer businesses and other projects assessing whether they fall within the Money Services Business category. The assessment is also useful before incorporating a company, expanding services or serving US customers.
Federal MSB registration with FinCEN is not a licence to operate throughout the United States. State licensing and other requirements must be assessed separately according to the activities and markets involved.
We assess the product, who receives or transmits value and the role of the company. Not all Web3 projects receive the same regulatory treatment.
We assess whether FinCEN registration is required and what information to prepare. We define the scope of document support and process coordination.
We identify the relevant states and activities to assess potential money transmission licences or other requirements. The involvement of local professionals is agreed where the scope requires it.
We review AML programme priorities, responsibilities and operational documentation. Expansion or changes in activities may require a fresh assessment of the regulatory scope.
The initial consultation helps determine where to start. It does not, by itself, include the full application process or ongoing compliance services.
No. FinCEN does not issue operating licences to MSBs. Federal registration and state requirements are separate matters. The permissions applicable to each activity and market must be assessed before operating.
No. Incorporation, federal registration and any applicable licences are separate processes. We review the actual business and its obligations; the corporate form does not replace that assessment.
That should not be assumed. The activities, the role of the business in transactions and the applicable rules must be assessed. The initial assessment helps identify the regulatory position and matters requiring further review.
No. Decisions by authorities and financial institutions are outside the consultant's control. Professional scope, documents and activities are agreed in writing, without guaranteeing approvals or banking services.
A 60-minute online session to review the business model, intended markets and regulatory priorities. Preparing or filing applications, compliance programmes, fees and third-party services are quoted separately.
Content by Franco Daniel Valencia Marin - Reviewed on 11 October 2026.
Official sources: FinCEN: Money Services Business registration · FinCEN: registration versus licensing.
Your next step
Tell me what your project does and the markets where you want to operate. We review your priorities and the scope of support you need.
Book an assessment - USD 95 / 60 min