State Licenses
DIRE MONEY TRANSMITTER LLC maintains state money transmission licensing in applicable US jurisdictions to operate Coinastra legally.
Understanding Money
Transmission Licensing
State money transmission licensing is required for companies that move, exchange, or hold money on behalf of consumers in most US states. DIRE MONEY TRANSMITTER LLC pursues licensing in each state where Coinastra's services constitute money transmission under applicable state law.
Requirements vary by state. Some states have specific virtual currency or digital asset provisions. Others apply existing money transmission statutes to cryptocurrency exchange activities. Our compliance team monitors regulatory developments in each jurisdiction continuously.
Current License
Status
Services may not be available in all states. Contact us to confirm availability in your state before opening an account.
Texas
LicensedTexas Department of Banking - Money Services Business License
License No.: [Client to Provide]
Florida
LicensedFlorida Office of Financial Regulation - Money Transmitter License
License No.: [Client to Provide]
Colorado
Application PendingColorado Division of Banking
Services not yet available in Colorado
Georgia
LicensedGeorgia Department of Banking and Finance
License No.: [Client to Provide]
Virginia
LicensedVirginia Bureau of Financial Institutions
License No.: [Client to Provide]
New York
Application PendingNYDFS BitLicense Process Underway
Services not yet available in New York
Arizona
LicensedArizona Department of Financial Institutions
License No.: [Client to Provide]
Illinois
Under ReviewIllinois Department of Financial and Professional Regulation
Services not yet available in Illinois
FinCEN MSB
Registration
DIRE MONEY TRANSMITTER LLC is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business. This federal registration is required under the Bank Secrecy Act for entities engaged in money transmission activities, including virtual currency exchange.
FinCEN registration places Coinastra within the federal anti-money laundering framework. We maintain AML programs, designate a compliance officer, conduct employee training, and perform independent testing as required by federal regulation.
Service Availability Notice
Services may not be available in all states. License status changes as applications are processed and regulatory requirements evolve. Contact Coinastra at support@coinastra.org or +1 (813) 280-9999 to confirm current service availability in your state before opening an account.
License information listed above reflects current status to the best of our knowledge. For the most current information, contact the relevant state regulatory authority directly.