Business Daily Media

The Times


.

UU Wallet Secures U.S. MSB License, Embarking on a New Chapter of Global Compliance with Security at Its Core

HONG KONG SAR - Media OutReach Newswire - 14 March 2025 - UU Wallet, a leading global Web3 payment platform, recently announced that it has officially obtained the Money Services Business (MSB) license from the United States.

This makes UU Wallet one of the few digital financial service platforms that combines robust security capabilities with global compliance credentials. The approval of this license signifies that UU Wallet can now operate compliantly within the U.S. regulatory framework, engaging in digital asset transactions, fiat currency exchange, and cross-border payments, further solidifying its position as the "most secure Web3 payment platform."

Security and Compliance: Driving Global Strategy

The U.S. MSB license, issued by the Financial Crimes Enforcement Network (FinCEN) under the Department of the Treasury, is a critical entry requirement for international financial institutions to provide monetary services. Passing the license audit indicates that UU Wallet has met stringent U.S. regulatory standards in areas such as anti-money laundering (AML), risk control systems, and user asset protection.

Since its establishment in 2023, UU Wallet has rapidly grown into a Web3 payment ecosystem covering over 160 countries and regions, thanks to its technological innovation and commitment to security. With a team of over 100 professionals, UU Wallet focuses on four core businesses: digital currency and fiat exchange, prepaid cards, enterprise wallet services, and Web3 wealth management. Its daily transaction volume has surpassed $20 million.

Four Core Features Redefining Secure Payment Experiences

Instant Fiat Exchange, Secure and Frictionless

UU Wallet supports instant conversions between mainstream fiat currencies such as the Philippine Peso (PHP), South Korean Won (KRW), Japanese Yen (JPY), US Dollar (USD), Hong Kong Dollar (HKD), and Malaysian Ringgit (MYR), and digital currencies. Utilizing intelligent routing and multi-signature cold wallet technology, users can complete cross-border fund transfers within 5 seconds, with end-to-end data encryption and a zero-risk incident record.

Global Prepaid Cards: USDT Real-Time Circulation, Balancing KYC Efficiency and Security

Users can instantly recharge prepaid cards with USDT, which are accepted in over 160 countries and regions for both online and offline purchases. The platform supports both virtual and physical cards, as well as B2B client integration. UU Wallet's unique "tiered KYC" mechanism allows basic consumption scenarios to complete identity verification in just 3 minutes, while larger transactions are secured through dynamic facial recognition and blockchain address tracking, striking a balance between convenience and security.

Enterprise Wallet Services: Comprehensive Fund Protection

For Web3 enterprises, UU Wallet offers payment and fund management solutions covering 50+ public chains and 10,000+ tokens. Through secure multi-party computation (MPC) technology, real-time risk warning systems, and monthly third-party audits, UU Wallet ensures transparent and traceable fund flows, mitigating risks of operational errors and hacker attacks.

Web3 Asset Wealth Management: Balancing Returns and Risk Control

The platform provides a variety of value-added services, including flexible staking, structured products, and compliant stablecoin wealth management. All products are executed automatically via smart contracts, with code security verified by top-tier auditing firms. Historical annualized returns range from 3% to 15%, ensuring users' assets grow steadily and securely.

"Security is the lifeline of financial services," said a UU Wallet spokesperson. "With the MSB license, we will accelerate collaboration with global regulators and traditional financial institutions, driving deeper integration of Web3 payments with mainstream economic systems."



Hashtag: #UUWallet

The issuer is solely responsible for the content of this announcement.

About UU Wallet

UU Wallet is a security-focused Web3 payment infrastructure provider dedicated to lowering the barriers to digital asset usage through technological innovation. The company has obtained financial licenses in the United States and the Philippines, serving over 500,000 individual users and 2,000 enterprises with a zero-security-incident record.

News from Asia

Verdant Rock Receives A (low) Financial Strength Rating from Morningstar DBRS, Adding a Second International Investment-Grade Assessment

Verdant Rock now holds Financial Strength Ratings from both Fitch Ratings and Morningstar DBRS, providing counterparties with dual-agency confirmation and reinforcing the security architecture behi...

Global Degrees, Closer to Home: SIM's Guide for Parents Choosing UK, Australian and US Qualifications in Singapore

SINGAPORE - Media OutReach Newswire - 12 October 2026 - An international university education no longer has to begin with a move to the United Kingdom, Australia or the United States...

Frasers House, a Luxury Collection Hotel, Singapore, Cements its Position as a Luxury Accommodation Within the City’s Historic Cultural Hub

SINGAPORE – Media OutReach Newswire – 12 October 2026 – Frasers House, a Luxury Collection Hotel, Singapore, today highlights its elevated positioning as a refined city retreat, blending modern r...

Japanese Bag Brand pionunnal Makes Its Overseas Debut at Takashimaya Singapore

Lightweight Nubi bags crafted in Japan, a Singapore-inspired new design and a limited gift with purchase arrive on Orchard Road from 13 to 31 October 2026. SINGAPORE – Media OutReach Newswire – ...

De Beers Group Advances Building Forever Goals with Significant Progress on Livelihoods, Nature, Climate and Provenance

LONDON, UK – Media OutReach Newswire – 12 October 2026 – De Beers Group today published its 2025 Sustainability Report, highlighting significant progress across its Building Forever sustainab...

ATOMS, Led by Travis Kalanick, Secures $1.7B to Power the Future of Food Delivery with ProKitchens in Europe

The robotics and industrial automation group closes one of the largest funding rounds of 2026, which strengthens the infrastructure behind ProKitchens across France, Spain, Italy, Portugal, Poland...

APAC Medical Cost Growth Projected to Slow to 9.7% in 2027, Aon Report

Medical cost growth is projected to slow for a second consecutive year, but continue to significantly outpace general inflation Cardiovascular disease, ENT/lung disorder and cance...

Creative Secondary School Celebrates 20 Years of Educational Excellence with Open Day 2026: "World of Possibilities"

HONG KONG SAR - Media OutReach Newswire - 12 October 2026 - Marking two decades of inspiring minds and shaping leaders, Creative Secondary School (CSS) invites prospective students, parents, and c...

Kellogg-HKUST EMBA Ranked No. 1 in the World in the Financial Times Executive MBA Ranking 2026

Top ranking reflects exceptional career outcomes, a world-leading alumni network and a truly global executive learning experienceHONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Kel...

10AFEST to Spotlight Asian Art-Tech & Cultural Innovations in Hong Kong This October

Marking the Indra and Harry Banga Gallery’s 10th anniversary, the three-day conference will bring together around 120 participants from 23 cities across 13 countries and regions.HONG KONG SAR - Me...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...