Scallop Receives US MSB License, Unlocking Mass-Market

Scallop

LONDON, July 31, 2025 (GLOBE NEWSWIRE) — Scallop, the regulated digital banking platform bridging fiat and crypto, has officially received approval as a Money Services Business (MSB) in the United States. This license grants access to one of the most important financial markets in the world and marks a major step toward the mainstream adoption of digital assets.

With the MSB license, Scallop joins a select group of crypto-native platforms legally authorized to offer both fiat and crypto services in the US. Combined with existing permissions in more than 160 countries, Scallop now holds one of the broadest regulatory footprints in the industry.

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