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by Instacoins Author|Sep 24, 2019|0 Comments
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Cryptocurrency brokerage, Instacoins Ltd., is now an approved money transmitter business under US Financial Crimes Enforcement Network (FinCEN) regulations.The American network’s mission is to safeguard the financial system from illicit use, combat money-laundering, and promote national security through the strategic use of financial authorities and the collection, analysis and dissemination of financial intelligence.“We have been operational for less than a year, and today marks a very important milestone for Instacoins. Our goal has always been that of making virtual currencies accessible, and becoming FinCEN-registered is another step towards added security and transparency,” says Jean Paul Bonnici, Instacoins CEO from his office in St Julians.Instacoins is now looking to be one of Malta’s first service-providers to be regulated under the Virtual Financial Assets Act, as part of its on-going mission to remain transparent and constantly in-line with ongoing developments in the world of cryptocurrencies. Their application is currently being processed by the Malta Financial Services Authority (MFSA) under a Class 3 License.The Malta-based company is a secure and user-friendly platform open to anyone who would like to buy and access Bitcoin through a simple online bank transfer. Since July 2019, Instacoins is a FinCEN registered entity under the number 31000150701616.Visit to find out more, or schedule a call-back with the support team

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