🇺🇸 Scallop Gets U.S. MSB License
What This Means for You...
Big news from Team Scallop: We are now officially registered as a U.S. Money Services Business (MSB) under FinCEN. That means we’ve received full regulatory approval to offer our services in the United States.
This is more than just a checkbox on our compliance roadmap. It’s a serious unlock for us and for the global crypto community.
Why the U.S. MSB License Matters
Let’s be real.
The U.S. isn’t just another market. It is one of the most important financial hubs globally when it comes to finance, technology, and long-term crypto adoption. With millions of people looking for better ways to manage their money and crypto regulations becoming clearer under the returning Trump administration, the timing couldn’t be better.
Bills like the GENIUS Act are opening the door for more innovation in Web3. Platforms like Scallop are now well-positioned to serve users with a fully regulated offering.
While many crypto apps still operate in legal gray zones or avoid the U.S. altogether, we’re proud to say:
✅ Fully licensed
✅ Fully compliant
✅ Ready to scale across the U.S. and globally
Want to verify it yourself?
You can view Scallop’s official registration on the FinCEN website.
Simply visit fincen.gov/msb-state-selector and search for “Scallop” under Legal Name.
Yes…registered means we actually got the license.
Not just applied. Not pending. It’s done. ✅
Simply visit fincen.gov/msb-state-selector and search for “Scallop” under Legal Name.
What’s Coming Next?
With the MSB license now in hand, we’re gearing up to launch the Scallop App, your all-in-one platform for digital finance.
Here’s what you can look forward to:
Multi-currency fiat accounts
Visa debit cards you can top up with fiat or crypto
Mastercard credit cards backed by crypto collateral
Smooth on- and off-ramps for fiat and crypto
Real-time spending control
A clean, intuitive interface built for beginners and power users alike
All of this is powered by $EMYC, our native token. It unlocks card tiers, staking rewards, and is used for gas fees and token buybacks that connect directly to platform usage.
Also, Our Website Is Getting a Makeover
We’re revamping our website in the coming days to better reflect what we’ve been building. Expect a fresh design, better content, and smoother access to everything that matters.
👉 Visit: www.scallopx.com
Join the Waitlist
The Scallop App is launching soon and early access is limited.
If you want in early, join the waitlist today.
We’re incredibly proud of this milestone and grateful to every one of you who’s been part of the journey. The MSB license is a big step forward for Scallop, for $EMYC, and for bringing real-world crypto adoption closer than ever.
Let’s build together.
Team Scallop
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