At the federal level, Circle is a registered money service business (“MSB”) with the Financial Crimes Enforcement Network ("FinCEN"), a bureau of the U.S. Department of the Treasury. As an MSB, Circle must meet requirements related to anti-money laundering set forth in the Bank Secrecy Act and related regulations.

Circle also holds money transmitter licenses in most U.S. states. Additional details on Circle’s state licenses can be found in the User Agreement and on the Licenses page.