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Bitchar Accelerates U.S. Compliance Expansion, Launches Multi-State MTL Applications

By: GlobePRwire

May 10, 2026 at 18:44 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Bitchar Accelerates Full-Spectrum U.S. Compliance, Launches Multi-State MTL Upgrade Plan

[United States, July 14, 2025] — Bitchar, a leading global intelligent digital asset trading platform, announced that it has officially submitted applications for Money Transmitter Licenses (MTLs) in multiple key U.S. states. Leveraging its existing federal MSB registration, Bitchar is advancing its nationwide compliance framework. This milestone marks a decisive step in Bitchar’s strategic expansion into high-standard regulatory markets worldwide, aiming to provide North American users with a safer, more transparent intelligent financial gateway.

Deepening North American Presence: Initiating a New Phase of Nationwide Compliance

As a global hub of digital asset innovation, the United States continues to strengthen regulatory requirements for crypto platforms. Bitchar has completed its FinCEN MSB registration and undertaken comprehensive compliance optimization tailored to state-level regulations:

Nationwide MTL Access Program: Initiated specialized license applications for key markets, including New York (BitLicense) and California.
Bank-Grade Internal Audits: Completed comprehensive system audits covering Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and advanced Know-Your-Customer (KYC) verification.
Top-Tier Legal Safeguards: Established a Global Compliance Committee composed of former regulatory officials and Wall Street legal advisors to ensure seamless alignment with U.S. laws and regulations.

Core Competitive Advantage: AI-Powered Dynamic Compliance Matrix

Bitchar’s proprietary AI-driven compliance monitoring system is a key part of its technological moat. Amid the U.S. regulatory trend toward “real-time transparency” in 2026, the system demonstrates high adaptability:

Real-Time Risk Isolation: Utilizes artificial intelligence to monitor abnormal transactions in real time, identifying and intercepting potential money laundering activity within milliseconds.
Automated Report Generation: Emma Miller, Bitchar spokesperson, stated, “Our AI compliance system is not only a cost filter for compliance but also a cornerstone of regulatory trust. The rigor we demonstrated in renewing our FinCEN MSB registration has become a hallmark of our global expansion.”

Product Localization: Deep Integration with U.S. Financial Infrastructure

To enhance the user experience for North American customers, Bitchar is implementing a series of localized system upgrades:

Fiat On-Ramp Integration: Accelerating integration with major U.S. banks and instant payment protocols to enable efficient conversion between fiat and digital assets.
Tax Compliance Tools: Built-in 1099-DA reporting support aligned with the latest IRS 2026 requirements, significantly reducing compliance burdens for local users.
Localized Operations Center: Expanding its U.S. headquarters to strengthen face-to-face collaboration with regulatory agencies and ensure timely response to policy changes.

About Bitchar

Bitchar is a digital asset trading infrastructure provider driven by artificial intelligence and guided by global compliance standards. Headquartered in the United States, Bitchar is committed to its mission of “AI Redefining Trading, Compliance Protecting Value,” leveraging cutting-edge technology to drive the intelligent transformation and widespread adoption of digital asset services worldwide.

Contact Information

Website: www.bitchar.com

Email: service@bitchar.com

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