MJTK's news demonstrates a high level of compliance within the current regulatory climate.
"AFN and eXPO™ are registered with the U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) as a financial institution. This registration provides AFN with the appropriate regulatory framework and guidance on a federal level for Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. The eXPO™ mobile application is downloadable by consumers and businesses once they become an eXPO™ member."
I believe today's news is laying the framework for a possible implementation of eXPO within the Citizen's Toke platform, that will enable end users the ability to reply to deals that are sent out and with an instant required payment solution, thus enabling dispensaries and collectives a guarantee of some sort that a customer replying to a deal will arrive to collect their already paid for goods. It also allows a dispensary or collective to monitor and account for inventory without over selling or over reserving product that they send out to Citizens Toke users. This is how I see this development playing out, but it's only speculation. If you've connected the dots though, it makes perfect sense.
Lastly, I also believe today marks the end of silence. The seal has officially been broken and I expect to hear much more!
Go MJTK
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