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KeyChain is composed of KeyChain Foundation and KeyChain Intelligence. KeyChain Intelligence has obtained the MSB financial license in the United States. The MSB (Money Services Business) license is issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury. This is a regulatory license specifically targeting financial and money service activities, aimed at ensuring the legality and compliance of financial institutions and related services.

The core function of the MSB license: The MSB license covers multiple financial service sectors and is an important regulatory qualification in the digital asset industry. With this license, KeyChain can conduct corresponding business in the traditional financial sector as well as legally and compliantly enter the digital asset or cryptocurrency-related service sector.

The main value and function of the KeyChain MSB license:

1. KeyChain can legally engage in digital asset-related businesses, and the MSB license allows KeyChain to conduct relevant digital asset operations, such as: digital currency exchange or trading services (such as buying and selling cryptocurrencies like BTC, Ethereum, etc.). Digital asset custody services. Digital currency transfers or payments (cross-border payments).

2. KeyChain can provide remittance and settlement services, acting as a remittance institution to carry out cross-border transfer services (Money Transmission). This includes payment and transfer services between fiat currencies, from fiat to digital assets, and between digital assets.

3. KeyChain can facilitate the operation of financing platforms, and KeyChain can create its own financing ecosystem, including types such as private ICOs (Initial Coin Offerings) or STOs (Security Token Offerings).

4. KeyChain can participate in a variety of financial activities, currency exchange (including traditional currency and digital currency). Prepaid financial cards, electronic wallet recharges. Providing other innovative financial payment technology solutions.

The significance of KeyChain holding the MSB license lies in the fact that the MSB license is an important legal basis for entering the market in a lawful and compliant manner, which specifically includes:

1. Legal and compliant operation: Holding a license means obtaining the basic qualifications for entering the U.S. market, which can help avoid legal risks.

2. Gain user and market trust: The MSB license is one of the globally recognized important qualifications, enhancing the company's credibility among investors, partners, and customers.

3. Support for cross-border financial services: Helping companies expand globally is the key to entering the international payment and financial services market.

KeyChain holds the MSB license, indicating that KeyChain has the capability to operate in a highly compliant environment, particularly in the blockchain and cryptocurrency sectors, which lays a foundation for KeyChain's long-term development.
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