Regulatory Standing
State Licenses
DIRE MONEY TRANSMITTER LLC operates under federal registration with FinCEN and is actively pursuing state-level money transmission licenses across the United States. Services are not available in all states.
Federal Registration
DIRE MONEY TRANSMITTER LLC is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB). This federal registration establishes our obligations under the Bank Secrecy Act and USA PATRIOT Act. FinCEN registration number to be provided upon customer request.
Why Licensing Matters
The State Licensing Framework
In the United States, money transmission is regulated at both the federal and state level. Federal registration with FinCEN establishes baseline compliance requirements. Most states additionally require a separate money transmitter license from the relevant state financial regulator before a business can offer money transmission services to residents of that state.
The licensing landscape for cryptocurrency businesses is evolving. Some states have specific virtual currency frameworks. Others apply traditional money transmitter statutes to digital asset activity. Several states have issued guidance indicating that certain cryptocurrency activities do not require a money transmitter license.
We work with legal counsel to monitor state regulatory developments and maintain appropriate licenses where required. Because of this complexity, services may not be available in every state. Contact us to confirm availability in your location.
Regulatory Status by Jurisdiction
This table reflects our current understanding of regulatory status and is subject to change. Licensing status does not constitute legal advice. Contact us at support@vaultora.co.com to confirm service availability in your state before creating an account.
