The Times Australia
Google AI
News From Asia

.

ZUHYX Obtains US MSB License, Setting the Highest Compliance Standards

NEW YORK, USA - Media OutReach Newswire - 30 April 2024 - Recently, the globally leading cryptocurrency exchange ZUHYX announced that its application for the MSB financial license submitted to the FinCEN of the US Department of the Treasury has been approved, officially granting ZUHYX the MSB financial license.

This approval marks a significant milestone in the compliance operations of ZUHYX and a crucial step in realizing its global compliance strategy. The US MSB license is one of the most authoritative licenses for cryptocurrency exchanges globally, allowing ZUHYX to operate its platform business in the United States while adhering to strict security and compliance standards.

The successful acquisition of the MSB license demonstrates the firm commitment of ZUHYX as an industry pioneer to the safety of global users and the development of platform compliance. The ZUHYX team stated that the platform will continue to adhere to compliance principles, continuously improve security, and enhance user experience, providing comprehensive trading support and high-quality customer service.

In the realm of ensuring user fund security and enhancing transaction transparency, obtaining the MSB license signifies that ZUHYX has met international standards in user privacy and fund security. It indicates that ZUHYX has implemented a robust internal compliance management system and risk control system, implemented strict KYC (Know Your Customer) and AML (Anti-Money Laundering) measures, and maintains close cooperation with regulatory authorities to effectively prevent the infiltration of illegal funds.

The MSB license of ZUHYX will further strengthen the compliance foundation of the platform in the North American market, laying a solid foundation for the global business development of the platform. Currently, as one of the top cryptocurrency exchanges of the world, ZUHYX, through continuous compliance operations, has increased global user trust in cryptocurrencies, adding millions of active users annually. The ZUHYX team stated that in the future, through compliance strategies, they will conduct localized operations tailored to different markets, including expanding service languages, developing new products, engaging with the community, and collaborating with institutions, aiming to maximize user experience.

The acquisition of the US MSB license marks a new development milestone for the global expansion of ZUHYX. In the future, ZUHYX will continue to adhere to international financial standards, strengthen cooperation with global regulatory authorities, ensure continuous compliance in the ever-changing global financial environment, provide a safe and reliable trading experience for global users, and drive the industry forward.
Hashtag: #ZUHYX

The issuer is solely responsible for the content of this announcement.

Times Magazine

Worried AI means you won’t get a job when you graduate? Here’s what the research says

The head of the International Monetary Fund, Kristalina Georgieva, has warned[1] young people ...

How Managed IT Support Improves Security, Uptime, And Productivity

Managed IT support is a comprehensive, subscription model approach to running and protecting your ...

AI is failing ‘Humanity’s Last Exam’. So what does that mean for machine intelligence?

How do you translate ancient Palmyrene script from a Roman tombstone? How many paired tendons ...

Does Cloud Accounting Provide Adequate Security for Australian Businesses?

Today, many Australian businesses rely on cloud accounting platforms to manage their finances. Bec...

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

The Times Features

Technical SEO Fundamentals Every Small Business Website Must Fix in 2026

Technical SEO Fundamentals often sound intimidating to small business owners. Many Melbourne busin...

Most Older Australians Want to Stay in Their Homes Despite Pressure to Downsize

Retirees need credible alternatives to downsizing that respect their preferences The national con...

The past year saw three quarters of struggling households in NSW & ACT experience food insecurity for the first time – yet the wealth of…

Everyday Australians are struggling to make ends meet, with the cost-of-living crisis the major ca...

The Week That Was in Federal Parliament Politics: Will We Have an Effective Opposition Soon?

Federal Parliament returned this week to a familiar rhythm: government ministers defending the p...

Why Pictures Help To Add Colour & Life To The Inside Of Your Australian Property

Many Australian homeowners complain that their home is still missing something, even though they hav...

What the RBA wants Australians to do next to fight inflation – or risk more rate hikes

When the Reserve Bank of Australia (RBA) board voted unanimously[1] to lift the cash rate to 3.8...

Do You Need a Building & Pest Inspection for New Homes in Melbourne?

Many buyers assume that a brand-new home does not need an inspection. After all, everything is new...

A Step-by-Step Guide to Planning Your Office Move in Perth

Planning an office relocation can be a complex task, especially when business operations need to con...

What’s behind the surge in the price of gold and silver?

Gold and silver don’t usually move like meme stocks. They grind. They trend. They react to inflati...