Current Priorities
FedMSB is actively engaged in addressing the most pressing policy issues facing the MSB industry today:
Promoting the adoption of the MSB 2.0 framework;
Simplifying multi-state licensing processes;
Ensuring regulatory fairness and sustainability;
Addressing regulatory challenges related to digital assets and emerging payment technologies.
The Latest White PapeR
U.S. National Digital Currency Sovereignty Centennial Strategy
The whitepaper expands on the “Double Strike + Double Support” doctrine—targeting opaque actors like Tether and Binance, while promoting compliant infrastructures like USDC and Coinbase. The strategy is framed under CIFB (Clearing Illegal Financial Black Markets), a global and domestic doctrine for digital financial security, akin to post-9/11 counterterrorism.
Vision StatemenT
To shape the next generation of America’s financial infrastructure
where non-bank financial institutions serve as trusted, tech-enabled architects and stabilizers of a dynamic, inclusive, and interoperable financial ecosystem — securing public trust and advancing the evolution of money itself.
Policy & Regulatory Resources
A policy resource center focusing on the MSB industry, covering the latest regulatory developments and practical guidance.
Federal legislation
FedMSB actively represents its members at the federal level, advocating for the interests of the MSB industry in Congress:
Regularly engages with Members of Congress and their policy teams to communicate industry perspectives;
Monitors federal legislation, hearings, and related policy developments in real time;
Collaborates with federal agencies through consultations, working groups, and expert forums;
Drafts and submits policy support letters, industry testimonies, and formal comments.
State legislation
We support our members in achieving policy objectives at the state level, promoting regulatory coordination and compliance efficiency:
Advocates for supportive legislation and promotes dialogue on interstate regulatory harmonization;
Analyzes state-level legislative trends to identify key risks and opportunities;
Prepares policy letters and expert testimonies for state legislatures and regulatory bodies;
Maintains a nationwide system for monitoring and responding to state-level policy developments.
Policy Development
To collaboratively shape policy frameworks
Establishes dedicated working groups to develop the industry’s official policy positions to align and amplify a unified voice.