TLDR Know Your Business (KYB) is the set of regulatory checks a financial institution or fintech must complete before onboarding a business customer. In the US, a compliant KYB process covers six layers: legal entity verification, business registration, beneficial ownership…
The GENIUS Act is the first bipartisan federal law in the US that establishes clear, enforceable standards for stablecoins. It creates two licensing pathways for issuers, mandates 1:1 reserve backing in high-quality liquid assets, requires redemption at par on demand,…
Money transmitter license costs range from roughly $500 to $5,000 per state in application fees, but surety bonds add $25,000 to $1,000,000+ in collateral per state based on transaction volume, and net worth minimums can reach $500,000 in states like…
Most fintech founders understand, at a general level, that compliance matters. What they underestimate is how early the clock starts. You are not building toward a compliance problem. You are building with one already embedded in the product if you…
