FinCEN Alert FIN-2024-Alert005
URL: https://www.fincen.gov/system/files/2024-12/Alert-FinCEN-Scams-FINAL508.pdf
Observed date: 2026-10-30
Reading depth: direct relevant sections
Locator: Page6 Guidance on Avoiding MSB Registration Scams; adjacent registry disclaimer

FinCEN explicitly distinguishes MSB registration from a licence to operate in the UnitedStates. It describes registry information as supplied by the registrant withoutverification byFinCEN. State/territorial licensing is a separate layer and the guidance points to NMLS for relevant checks. An MSB registration number therefore cannot support a claim that all financial activities or retail services are licensed nationwide.

Limits: General regulator guidance,not a finding that a specific sampledexchange is fraudulent/unlicensed andnot a currentindividualregistration check.

This is an original analyst note based on direct primary-source reading;not a remote page snapshot.
