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Title: NSAV Provides Regulatory Compliance Update for NSAVx.com CEX Exchange

London, United Kingdom, 23rd May 2024 - Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today a comprehensive update on the compliance and regulatory initiatives for its NSAVx  https://nsavx.com/ CEX Exchange.Following the advancement of landmark cryptocurrency legislation House Bill H.R. 4763 on May 22, 2024, NSAV has outlined a detailed compliance roadmap for both Federal and State registrations:•           FINCEN Registration: NSAV is currently registered under MSB Registration Number 31000262776231 and is proceeding with additional registrations for NSAVx.com as a Wyoming corporation.•           State-Level Compliance: An application has been submitted to the Colorado Department of Regulatory Agencies (DORA) for a Money Transmitter License, a process expected to take 60-90 days. Following this, NSAV plans to extend its Money Transmitter applications to other states based on customer activity levels.•           AI-Managed Compliance Systems: NSAVx.com has integrated AI-managed Know Your Customer (KYC) and Anti-Money Laundering (AML) systems that link directly with the FINCEN reporting system, enhancing compliance and operational transparency.•           CFTC/NFA Engagement: NSAV is exploring registration requirements with the Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). While there is no definitive roadmap, NSAV believes that registration as a Futures Commission Merchant (FCM), Swap Dealer (SD), Major Swap Participant (MSP), Commodity Pool Operator (CPO), and Comm...

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