Banxa Has Obtained Money Transfer Licenses (MTLs) From Tennessee and Other States in the United States, and Holds 32 MTLs in the United States

On September 22nd, Banxa, a cryptocurrency payment operator, announced that it has obtained money transmitter licenses (MTL) in Tennessee, Virginia, Florida, and Puerto Rico. Currently, Banxa holds 32 MTLs in the United States and is expected to obtain 7 more by 2023. Banxa claims to be able to provide services to 42 states/regions in the United States and is expected to serve 49 states/regions by the end of 2023.

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