National Supervisory Authority & Licensing Qualification Dossier • North America
FinCEN
United StatesFinancial Crimes Enforcement Network (U.S. Department of the Treasury)
Source / Native Reference: 美国财政部金融犯罪执法局
- Supervisory tier
- Tier-1
- License classes
- 2
- Licensed records
- 2
- Active / regulated
- 2
Statutory Supervisory Mandate & Scope
The Financial Crimes Enforcement Network (FinCEN) is a bureau of the United States Department of the Treasury that administers the Bank Secrecy Act (BSA, 31 CFR Chapter X) and supervises Money Services Businesses (MSBs), foreign exchange dealers, money transmitters, and financial institutions nationwide.
Prudential Tier Assessment
Tier-1Tier-1 national Financial Intelligence Unit (FIU) and AML/CFT / Virtual Asset Service Provider (VASP) supervisor in United States.
National licensing qualifications & statutory authorisation classes (FinCEN)
Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by FinCEN in United States.
| License class / code | Official designation | Permitted institutional & retail activities | Minimum initial / base capital | Ongoing prudential & solvency rule |
|---|---|---|---|---|
| VASP / DCE Registration | Virtual Asset Service Provider & Custodial Wallet Registration | Fiat-to-crypto exchange, crypto-to-crypto exchange, virtual asset transfer, and custodial wallet administration. | USD $50,000 – $150,000 equivalent share capital (or statutory fit-and-proper + local MLRO presence). | Continuous KYC/CDD onboarding, blockchain analytics transaction monitoring, and annual independent AML audit. |
| MSB / Currency Exchange Registration | Money Services Business & Remittance Registration | Money transmission, foreign currency dealing, and payment instrument issuance. | Subject to state/national surety bond and minimum net worth requirements. | Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs/STRs) via goAML / BSA E-Filing. |
Investor compensation, client money segregation & digital-asset regime
Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under FinCEN.
AML/CFT Registration Only (Non-Prudential / No Investor Compensation Scheme)
- Maximum coverage per client
- Not covered by statutory investor compensation (FIU/MSB registration supervises AML/CFT compliance rather than prudential solvency)
- Eligible counterparties & scope
- Counterparties must verify whether the entity also holds a separate prudential securities or banking licence.
FinCEN VASP Custodial Wallet & Client Ledger Separation Rules
- Reconciliation & audit cadence
- On-chain and off-chain omnibus ledger reconciliation; separation of customer virtual assets from corporate treasury.
- Approved custodian requirements
- Multi-signature / MPC hardware security module (HSM) custody and segregated fiat settlement accounts.
FinCEN Statutory VASP / Digital Currency Exchange Registration
- Travel Rule, custody & stablecoin rules
- Mandatory originator and beneficiary Travel Rule data transmission for virtual asset transfers.
Primary Governing Statutes & Rulebooks
- Anti-Money Laundering and Counter-Terrorist Financing Act of United States
- FATF Recommendations 15 (Virtual Assets & VASPs) & 16 (Wire Transfer / Travel Rule)
- FinCEN Mandatory VASP / MSB Registration & Beneficial Ownership Regulations
Regulatory Reporting & Audit Obligations
Prompt filing of Suspicious Transaction Reports (STRs) and Threshold Transaction Reports with FinCENAppointment of a resident Money Laundering Reporting Officer (MLRO) and annual independent AML/CFT compliance audit5-year retention of KYC identity records and Travel Rule cryptographic counterparty data
Cross-Border Equivalence & Passporting
Territorial registration required in United States whenever soliciting or onboarding domestic residents.
Supervised institutions & FinCEN licence records in our database
2 licence records referencing FinCEN (2 regulated/registered).
| Institution | Licence number | Status | Licensed legal entity | Effective date | Verification |
|---|---|---|---|---|---|
| DollarTon(Global network record) | 31000343978532 | Regulated | DollarTon, Inc. | 2026-10-19 | |
| SCDEX(Global network record) | 31000343978539 | Registered | SCDEX GLOBAL DIGITAL EXCHANGE (DBA: SCDEX — Dealer in FX, Money Transmitter, Prepaid Access, Money Orders & Traveler Checks — All States/Territories, Foreign) | 2026-10-19 |
FinCEN (United States): institutional licensing & due diligence FAQ
Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.
What are the primary licensing classes and minimum capital requirements under FinCEN (United States)?
FinCEN (Financial Crimes Enforcement Network (U.S. Department of the Treasury)) supervises financial institutions in United States under Anti-Money Laundering and Counter-Terrorist Financing Act of United States and FATF Recommendations 15 (Virtual Assets & VASPs) & 16 (Wire Transfer / Travel Rule). Key statutory authorisation classes include: VASP / DCE Registration (Virtual Asset Service Provider & Custodial Wallet Registration — min. capital: USD $50,000 – $150,000 equivalent share capital (or statutory fit-and-proper + local MLRO presence).); MSB / Currency Exchange Registration (Money Services Business & Remittance Registration — min. capital: Subject to state/national surety bond and minimum net worth requirements.). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.
Does FinCEN provide statutory investor compensation and mandatory client asset segregation?
Under FinCEN's framework, investor protection is governed by AML/CFT Registration Only (Non-Prudential / No Investor Compensation Scheme) with maximum coverage of Not covered by statutory investor compensation (FIU/MSB registration supervises AML/CFT compliance rather than prudential solvency) (Counterparties must verify whether the entity also holds a separate prudential securities or banking licence.). For client money and custody assets, supervised firms must comply with FinCEN VASP Custodial Wallet & Client Ledger Separation Rules, performing on-chain and off-chain omnibus ledger reconciliation; separation of customer virtual assets from corporate treasury. with multi-signature / mpc hardware security module (hsm) custody and segregated fiat settlement accounts..
How does FinCEN regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?
FinCEN's digital-asset regime is structured around FinCEN Statutory VASP / Digital Currency Exchange Registration (Active mandatory AML/CFT and VASP registration with public register verification.). Custody and AML/CFT compliance obligations require: Mandatory originator and beneficiary Travel Rule data transmission for virtual asset transfers.
How can I verify an institution's FinCEN licence number and check our 2 recorded licence entries?
Our database currently tracks 2 licence records referencing FinCEN (2 marked regulated or registered). To verify a counterparty at the primary source, open FinCEN's official public register (https://www.fincen.gov/msb-state-selector), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.
Related regulatory & market structure briefings
Research and compliance analysis from Offshore Firm Ledger relevant to FinCEN and United States.
Cross-border
Counterparty Governance Dossier: Why DollarTon Chose Onshore New York FinCEN MSB Registration (31000343978532)
Official regulatory verification confirms DollarTon, Inc. (https://dollarton.com/), headquartered at 100 Church Street, New York, NY 10007, holds U.S. Treasury FinCEN MSB Registration No. 31000343978532 under 31 CFR 1022.380(a)-(f) across all 50 U.S. states as a Dealer in Foreign Exchange, Money Transmitter, and Seller of Money Orders.
Cross-border
Counterparty Governance Dossier: Why DollarTon Chose Onshore New York FinCEN MSB Registration (31000343978532)
Official regulatory verification confirms DollarTon, Inc. (https://dollarton.com/), headquartered at 100 Church Street, New York, NY 10007, holds U.S. Treasury FinCEN MSB Registration No. 31000343978532 under 31 CFR 1022.380(a)-(f) across all 50 U.S. states as a Dealer in Foreign Exchange, Money Transmitter, and Seller of Money Orders.
Cross-border
Counterparty Governance Dossier: How SCDEX Anchored Its Global Exchange in Onshore Denver FinCEN MSB (31000343978539) & NFA Filings
Official U.S. Treasury FinCEN MSB Registration Status Information transcript (dated October 26, 2026; authorized October 19, 2026) confirms SCDEX GLOBAL DIGITAL EXCHANGE (DBA: SCDEX, https://scdex.com/), headquartered at 1312 17th Street Suite 692, Denver, CO 80202, holds FinCEN MSB Registration No. 31000343978539 across all 9 MSB activities and All States/Territories & Foreign alongside NFA ID 0582319.
cayman-bvi-substance
Cayman CIMA, BVI FSC & Offshore Financial License Matrix: 2026 Definitive Institutional Guide, Quantitative Benchmarks & Regulatory Audit
Definitive 2026 flagship cornerstone guide to Cayman CIMA, BVI FSC & Offshore Financial License Matrix on Offshore Firm Roll (offshorefirmledger.com). Covers Cayman Islands (CIMA) / BVI (FSC) / Guernsey / Jersey / Labuan / Mauritius statutory rules, Tier-1 quantitative benchmarks, mathematical formulation (OFFSHORE-CIMA-BVI), and compliance verification.
Statutory licensing classes, base capital rules, and investor protection summaries for FinCEN (United States) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on FinCEN’s official public register.