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You Won’t Believe What Crypto Company Did to Get Noticed by America’s Most Bureaucratic State – IT’S CRYPTO MADNESS!

A  Alabama state flag waves proudly above the city skyline, while in the foreground a smiling Transak logo holds up an American dollar and a cryptocurrency coin, surrounded by confetti and balloons as it celebrates its new Money Transmitter License.

Transak, the Web3 payments infrastructure provider so desperate to get in on the US market that they’re willing to jump through regulatory hoops like a trained seal at SeaWorld. The latest hoop: securing an Alabama Money Transmitter License (MTL), because apparently operating in 46 states via third-party providers just wasn’t enough for these crypto enthusiasts.

Source: cointelegraph

Transak, a Web3 payments infrastructure provider, has secured a Money Transmitter License (MTL) from the Alabama Securities Commission. The license will enable Transak to legally facilitate cryptocurrency transactions in Alabama, marking a step for the firm’s expansion into the United States.Despite operating in 46 US states through third-party providers, Alabama is the first US state in which Transak has received an MTL. The latest license addition is part of Transak’s […]

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