TechFlow news, on July 1, according to Cailian She, Newland (000997.SZ), a listed company on the A-share market, announced that NovaPay US Inc., a wholly-owned subsidiary of its controlled subsidiary StarPayer Hong Kong Limited, has been successfully established and has obtained an MSB license approved by the U.S. FinCEN. The registered capital of NovaPay US Inc. is $1, with business scope including currency exchange or transfer, such as currency conversion and international remittance services. By acquiring the U.S. MSB license, the company aims to secure legal access for cross-border fund operations, covering scenarios such as currency exchange, remittances, and digital currency transactions, providing infrastructure to connect with major global financial institutions, laying the foundation for cross-border payment-related operations, supporting the company's global strategic layout, and contributing significant strength toward achieving its vision of becoming a leading enterprise in digital commerce.
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