Google AI
The Times Australia

Times Media

UU Wallet Secures U.S. MSB License, Embarking on a New Chapter of Global Compliance with Security at Its Core

HONG KONG SAR - Media OutReach Newswire - 14 March 2025 - UU Wallet, a leading global Web3 payment platform, recently announced that it has officially obtained the Money Services Business (MSB) license from the United States.

This makes UU Wallet one of the few digital financial service platforms that combines robust security capabilities with global compliance credentials. The approval of this license signifies that UU Wallet can now operate compliantly within the U.S. regulatory framework, engaging in digital asset transactions, fiat currency exchange, and cross-border payments, further solidifying its position as the "most secure Web3 payment platform."

Security and Compliance: Driving Global Strategy

The U.S. MSB license, issued by the Financial Crimes Enforcement Network (FinCEN) under the Department of the Treasury, is a critical entry requirement for international financial institutions to provide monetary services. Passing the license audit indicates that UU Wallet has met stringent U.S. regulatory standards in areas such as anti-money laundering (AML), risk control systems, and user asset protection.

Since its establishment in 2023, UU Wallet has rapidly grown into a Web3 payment ecosystem covering over 160 countries and regions, thanks to its technological innovation and commitment to security. With a team of over 100 professionals, UU Wallet focuses on four core businesses: digital currency and fiat exchange, prepaid cards, enterprise wallet services, and Web3 wealth management. Its daily transaction volume has surpassed $20 million.

Four Core Features Redefining Secure Payment Experiences

Instant Fiat Exchange, Secure and Frictionless

UU Wallet supports instant conversions between mainstream fiat currencies such as the Philippine Peso (PHP), South Korean Won (KRW), Japanese Yen (JPY), US Dollar (USD), Hong Kong Dollar (HKD), and Malaysian Ringgit (MYR), and digital currencies. Utilizing intelligent routing and multi-signature cold wallet technology, users can complete cross-border fund transfers within 5 seconds, with end-to-end data encryption and a zero-risk incident record.

Global Prepaid Cards: USDT Real-Time Circulation, Balancing KYC Efficiency and Security

Users can instantly recharge prepaid cards with USDT, which are accepted in over 160 countries and regions for both online and offline purchases. The platform supports both virtual and physical cards, as well as B2B client integration. UU Wallet's unique "tiered KYC" mechanism allows basic consumption scenarios to complete identity verification in just 3 minutes, while larger transactions are secured through dynamic facial recognition and blockchain address tracking, striking a balance between convenience and security.

Enterprise Wallet Services: Comprehensive Fund Protection

For Web3 enterprises, UU Wallet offers payment and fund management solutions covering 50+ public chains and 10,000+ tokens. Through secure multi-party computation (MPC) technology, real-time risk warning systems, and monthly third-party audits, UU Wallet ensures transparent and traceable fund flows, mitigating risks of operational errors and hacker attacks.

Web3 Asset Wealth Management: Balancing Returns and Risk Control

The platform provides a variety of value-added services, including flexible staking, structured products, and compliant stablecoin wealth management. All products are executed automatically via smart contracts, with code security verified by top-tier auditing firms. Historical annualized returns range from 3% to 15%, ensuring users' assets grow steadily and securely.

"Security is the lifeline of financial services," said a UU Wallet spokesperson. "With the MSB license, we will accelerate collaboration with global regulators and traditional financial institutions, driving deeper integration of Web3 payments with mainstream economic systems."



Hashtag: #UUWallet

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

About UU Wallet

UU Wallet is a security-focused Web3 payment infrastructure provider dedicated to lowering the barriers to digital asset usage through technological innovation. The company has obtained financial licenses in the United States and the Philippines, serving over 500,000 individual users and 2,000 enterprises with a zero-security-incident record.

Times Magazine

Melbourne Local Steps Outside Her Comfort Zone to Compete for Miss World Australia 2027

From working in Melbourne real estate, building a career and now stepping into the Miss World Prel...

Award-Winning Author Cara Barilla Writes I Pray for My Teachers to celebrate Sydney Catholic Schools

Following her recognition as the winner of the 2024 Christian Literature Book Awards, Australian aut...

Technology

MISSION 1, MISSION 1 PRO and MISSIO…

Today, GoPro, Inc. (NASDAQ: GPRO) announced that its MISSION 1 Series of compact cinema cameras ha...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

We cannot stop ageing. We can look after the …

Health care can sometimes buy us more time. Beauty treatments can change how we look. The most use...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

We cannot stop ageing. We can look after the life we ha…

Health care can sometimes buy us more time. Beauty treatments can change how we look. The most use...

The moving dollar: why Australia’s exchange rate is bec…

As the Australian dollar slips against the US currency, import bills rise and some exporters gain ...

What to Consider When Choosing Assisted Living in Sydne…

There comes a point when managing everything at home starts taking more effort than it used to. Th...