FinCENLicensingApril 30, 2026

FinCEN Seeks Comments on MSB Registration Form 107 Renewal

FinCEN is inviting public comments on renewing — without change — the BSA requirement for money services businesses to register using FinCEN Form 107, renew that registration every two years, and maintain an agent list where applicable. While no rule changes are proposed, this is a timely reminder for MSBs (including many crypto firms that qualify as MSBs) to confirm their registration is current and their agent list is accurate, as lapses can trigger BSA violations.

What to do

Verify that your FinCEN MSB registration is active, confirm your two-year renewal date, and ensure your agent list is up to date before the comment period closes.

Who this affects

Money Services BusinessCrypto ExchangeWallet ProviderPayments Company

Does this affect your program?

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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