Gaining this licence marks an important step towards Currency.com’s mission of establishing a unified and compliant financial infrastructure that integrates digital assets, investment services, and banking functionality.
With operations spanning over 100 countries and regulatory approvals in the US, EU, and Middle East, Currency.com aims to offer a secure and intelligent financial experience for businesses, enterprise clients, and individual users. The platform supports various financial needs, including digital asset management and multi-currency transactions.
Following local initiatives in the crypto industry in Tennessee since 2022, the decision to obtain this MTL was made. This aligns with Currency.com’s goal of securing regulatory approval across the US. Tennessee Representatives have introduced bills proposing state investment in crypto and blockchain technology and establishing a committee to study these assets.
By expanding its licensing portfolio, Currency.com is preparing for future growth once nationwide crypto regulations are established. The company plans to build local compliance and operational teams while accelerating licencing efforts in remaining states. This strategy supports the broader mission of creating a fully regulated financial platform in the US that caters to both institutional clients and individual users.