Alaska SB 86 was marked passed on July 16, 2026. The bill covers money transmission licensing, NMLS registration, virtual currency, authorized delegates, control changes, recordkeeping, permissible investments, exemptions, payroll processing, and enforcement, tracking the broader MTMA-style modernization trend.
Alaska SB 86 was marked passed on July 16, 2026. The bill covers money transmission licensing, NMLS registration, virtual currency, authorized delegates, control changes, recordkeeping, permissible investments, exemptions, payroll processing, and enforcement, tracking the broader MTMA-style modernization trend.
What changed
Alaska advanced a comprehensive money transmission bill that would replace or materially modernize the state's licensing and oversight framework.
Compliance perspective
Money transmitters and virtual currency businesses operating in or entering Alaska should start gap-mapping against the bill now, especially around licensing scope, agent management, and financial responsibility rules. Multi-state operators should also check whether Alaska's approach aligns with existing MTMA workflows already in use elsewhere.
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CFPB updates Supervision and Examination Manual, including debt collection materials
The CFPB's Supervision and Examination Manual shows an updated July 2026 posting and includes Fair Debt Collection Practices Act materials among its procedures. This is not a new rule or enforcement action, but it is a current supervisory resource relevant to debt collection oversight.
Alaska SB 86 was marked passed on July 16, 2026. The bill covers money transmission licensing, NMLS registration, virtual currency, authorized delegates, control changes, recordkeeping, permissible investments, exemptions, payroll processing, and enforcement, tracking the broader MTMA-style modernization trend.