BANXA accelerates its US expansion with launch of local acquiring in world’s biggest crypto market

BANXA Holdings Inc (TSX-V:BNXA, OTCQX:BNXAF) founder and chairman Domenic Carosa tells Proactive that the company has accelerated its US market expansion with local acquiring activated and comprehensive payments coverage now available to its partners and customers in the world’s biggest crypto market.

He said the company has already lodged 40 Money Transmitter License (MTL) applications, with a number already approved.

The company, which provides payments and regulatory infrastructure for crypto companies around the world, also recently set up an office in Reno, Nevada, a necessary step for its expansion, Carosa said.

“The US is the biggest crypto market by far; it’s five times larger than the UK, which is the second largest crypto market,” he added.

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