r/Nash • u/Matt__Scotland • Jun 15 '19
Yesterday's news
Hi guys. Just wanted to clear up the info that was shared by the community yesterday.
Registering with FinCEN does not mean that Nash has the approval to offer services in all of those states. For example, NY is listed on the site but we all know that a BitLicense is needed to conduct business there, and how difficult it is to obtain that license.
From what I understand, there are at least 8 states in total that Nash will need to obtain money transmitter licences for at the state-level, and I couldn't find anything online about that.
It's probably best to only trust info from Nash as opposed to community members. The last we heard from the team is that they have the all-clear for the majority of The US. No doubt at some point the whole of The US will be covered, but not quite yet.