Blockchain mining platform Pacminer has announced its acquisition of a Money Services Business (MSB) license from the US Financial Crimes Enforcement Network (FinCEN), demonstrating its commitment to regulation and bolstering its reputation as a reputable participant in the global market.

The MSB license allows Pacminer to operate in both domestic and global sectors within its purview, enhancing its credibility among global investors and establishing itself as a trustworthy platform for businesses involved in digital currencies.

Pacminer is now obligated to comply with the Bank Secrecy Act (BSA) due to its possession of the US MSB license, and is committed to spearheading the industry’s movement towards widespread adoption and adherence to compliance standards.