Tallinn, Estonia - OWNR, a multifunctional cryptocurrency wallet, obtains an MSB license to expand cryptocurrency purchase to the USA.
Money Services Business license is granted by the US FinCEN. It authorizes the holder to legally provide money services like the transmission and exchange of currencies (including virtual currencies).
This is the first, yet fundamental benchmark on the way to legally providing cryptocurrency purchase in the USA. Now OWNR Wallet OU is applying for the corresponding licenses in each state.
At the moment it is possible to buy cryptocurrency with OWNR in 97 countries, including all the EU countries. "Not only are our efforts focused on adding new coins and functionality. We are doing the compliance work to expand our presence globally," says Grygory Sytenko, OWNR Wallet CEO.
OWNR Wallet is conceived as part of a multi-asset cryptocurrency ecosystem. The latter also comprises prepaid cryptocurrency debit cards that will be managed from the app (will be launched soon), a blockchain explorer, its own system of cryptocurrency exchange. Once the basic functionality is implemented, the team will move on to the special features which may be of interest to developers, enterprise and traders.
About OWNR Wallet
The mobile app was released in April 2018 by a private limited company based in Estonia. It is devised as an all-in-one cryptocurrency wallet for users with all levels of experience. The mobile application is available for both iOS and Android. The desktop application is supported on Windows, Mac OSX, Linux.
The basic options include storing, sending, receiving, exchanging and purchasing cryptocurrencies.
At the moment OWNR supports 11 basic coins and all the 250K+ ERC20 tokens. Coins include BTC, BCH, BCH-SV, Omni, LTC, ETH, ETC, ZEC, DASH, Doge, EOS.
OWNR is a non-custodial wallet. Customer's private keys and seed phrase are not transmitted to the OWNR's servers. Neither does OWNR access or store them in any way, putting the customer fully in control of their funds.
Below is a brief overview of the functionality which sets OWNR Wallet apart:
- Asset auto-discovery: all the coins supported are available upon the restoration
- ERC20 token auto-discovery: no need to add ERC20 tokens manually or contact the team to do it
- SegWit transactions for BTC and LTC
- Any length of seed phrase (12/15/18/21/24 words) supported
- Forced address allocation (generating up to 20 new addresses at once for Bitcoin and Bitcoin-like coins)
- Price widget for the assets selected
- Transaction status notifications
- Wallet names customization
- Support team available 24/7 in the app
- Testnets for developers
OWNR Wallet currently offers the service of buying 5 basic coins (BTC, BCH, LTC, ETH, DASH).
The company is PCI DSS compliant and holds two licenses: for a cryptocurrency wallet service and crypto-to-fiat exchange. It is possible to buy cryptocurrency with a bank card (Visa, MC), UnionPay, SEPA. Selling cryptocurrency via SEPA transfer is also supported.
OWNR WALLET OU
Co-Founder & CEO, Grygory Sytenko