Transak Secures Alabama Money Transmitter License

We are proud and excited to announce that we have obtained our first Money Transmitter License (MTL) from the Alabama Securities Commission. This milestone strengthens our compliance infrastructure in the U.S. and furthers our mission to make cryptocurrency more accessible across the country.

What does it mean for our Partners?

🇺🇸 Expanded Regulatory Coverage: Partners can now offer Transak’s crypto purchasing services in Alabama, with more states to follow.
🤝 Enhanced Compliance: Partnering with a licensed entity builds trust and credibility among users who prioritize regulatory compliance.
⚡️Faster Service: With official licensing, we will take our rails in Alabama and be able to offer an enhanced experience with a wider range of crypto, fiat and payment methods and better support.

"The U.S. is one of our largest markets, and we are committed to delivering the best possible services here. Securing state licenses like this one is essential to achieving that goal” said Sami Start, CEO of Transak.

Transak now services nearly every state in the U.S., allowing customers to purchase cryptocurrency in 46 states, with more to come!

Know more about our

🌐 Global Coverage: https://transak.com/global-coverage
📣 MTL Information: https://transak.com/compliance