Why does bitstamp have 2 MSB licenses?

[Maidak]

I was browsing around after reading up on the fincen guidance and looking at the companies registered as a money services business. I noticed bistamp had 2 MSB licenses but I don't quite understand the reason why a company would need to have multiple MSB registrations.

[SpanishSoldier]

I was browsing around after reading up on the fincen guidance and looking at the companies registered as a money services business. I noticed bistamp had 2 MSB licenses but I don't quite understand the reason why a company would need to have multiple MSB registrations.

I think, if one is snatched, they can run on the other. Just as backup

[Maidak]

I was browsing around after reading up on the fincen guidance and looking at the companies registered as a money services business. I noticed bistamp had 2 MSB licenses but I don't quite understand the reason why a company would need to have multiple MSB registrations.

I think, if one is snatched, they can run on the other. Just as backup

I guess.. I was hoping to find out a bit more on but I've come across nothing interesting and can only assume exactly what you've said.

[woodson]

For money transmitting a business is required  to have a license for each state it operates business.