Lianlian Digital acquires FINTRAC and obtains the Canadian MSB license, allowing it to engage in activities such as virtual currency and payment services

Lianlian Digital announced that it has successfully obtained a Money Services Business (MSB) license through the acquisition of an entity at the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), allowing it to conduct regulated activities such as foreign exchange, remittances, virtual currency, and payment services. The specific acquisition amount has not been disclosed.