Bitlicense process started few weeks ago for the launching of HelbizPay. Helbizs US based company has, together with its US lawfirm, started the process of obtaining both the Money Transmitter License for all the states of America as well as the US BitLicense, allowing Helbiz and HelbizPay to:
Receive virtual currency
Transmit virtual currency between locations and individuals
Store, hold, or maintain custody or control of virtual currency on behalf of other.
Buy and sell virtual currency
Control and administer a virtual currency
Accept and receive electronic and wire transfers
By obtaining both licenses it will enable Helbiz to freely operate in the US allowing all US residents to acquire, send and pay with cryptocurrency directly from within the Helbiz & HelbizPay app, enabling our users to pay for both rentals and other services with Helbiz Coin. The licenses are an essential part of creating a seamless all-in-one platform with the ability to operate within, and integrate with, the current payment ecosystem in the US.
The process includes full governmental background checks of the entire leader- and ownership of Helbiz as well as audited financial statements of Helbiz and its subsidiaries in addition to various fees and money transmitter bonds.
Great news. I closely monitor the project and am the holder of the tokens. Tell me, please, is it legal to pay virtual currencies for services in the US? Receive virtual currency
Transmit virtual currency between locations and individuals
Store, hold, or maintain custody or control of virtual currency on behalf of other.
Buy and sell virtual currency
Control and administer a virtual currency
Accept and receive electronic and wire transfers
By obtaining both licenses it will enable Helbiz to freely operate in the US allowing all US residents to acquire, send and pay with cryptocurrency directly from within the Helbiz & HelbizPay app, enabling our users to pay for both rentals and other services with Helbiz Coin. The licenses are an essential part of creating a seamless all-in-one platform with the ability to operate within, and integrate with, the current payment ecosystem in the US.
The process includes full governmental background checks of the entire leader- and ownership of Helbiz as well as audited financial statements of Helbiz and its subsidiaries in addition to various fees and money transmitter bonds.
For this reason we need the license in this way we can operate in the US market. The process has just stated, stay tuned
