Successfully applied for the MSB financial license issued by FinCEN in the United States
Successfully applied for Canada MSB license
Successfully obtained operating licenses from ASIC
Since July of 2020, JPEX has been committed to serving everyone.
In addition to providing a high-quality trading environment, we also hope to promote the platform to all parts of the world. In addition to applying for compliance licenses in the aforementioned countries, we also apply for encrypted banking digital licenses from US financial institutions. After two months of application and approval by the financial department, the license is now officially obtained.
In the future, we hope to expand the platform to more places around the world and provide better transaction services and banking services. I hope you can continue to support us and give us more opinions so that we can become better and move towards the goal of the world’s five largest exchanges.
The US MSB (Money ServicesBusiness) license is a financial license that is supervised and issued by FinCEN (Financial Crime Enforcement Bureau, an agency under the U.S. Treasury Department). The main objects of supervision are businesses and companies related to money services. The scope includes international remittance, foreign exchange, currency transaction/transfer (including digital currency/virtual currency), ICO issuance, provision of prepaid items, and issuance of traveler’s checks.
FinCEN released the “Application of FinCEN’s Regualations to Persons Administering, Exchanging, or Using Virtual Currencies” on March 18, 2013. The guide clarifies that companies and individuals Requirements for using virtual currency in MSB registration. MSB is the abbreviation of Money Services Business. It is managed by FinCEN (Financial Crime Enforcement Bureau, an agency under the US Department of the Treasury). It belongs to the registration licensing system. All business related to money services must apply for this license.
Introduction to Canadian MSB FinTrac License
The Canadian Fintrac MSB license is a type of financial license supervised and issued by FINTRAC (Canada Financial Transaction and Reporting Analysis Center). Canadian MSB supervision is a currency transaction and currency exchange service type enterprise. It must apply to the central bank and conduct filing supervision. This type of company must also be subject to the financial transaction and reporting analysis (FINTRAC) directly under the Canadian Ministry of Finance. The activity center is responsible to ensure national financial security.
Query method: Enter JP-EX in Search By Name
Australia is the world’s leading core financial market and one of the fastest growing derivatives trading markets in the world. It is a fully mature and well-regulated capital market. The conventional infrastructure of the local financial sector is well-equipped and thus constitutes a market for margin products.
JPEX (Australia) plays the role of marketing. It has sponsored three AFL teams in the first quarter of 2022 and will open a “Metaverse-Lab” R&D department in the fourth quarter, actively working with local Australian universities and blockchain companies. Explore areas such as the Metaverse, Web 3.0, and Artificial Intelligence.
You can check the practising certificate of JPEX (JP-EX CRYPTO ASSET PLATFORM PTY LTD) through the Australian government approved ASIC inquiry link.
ACN registration number: 644625650