Skip to content
Informational Georgia Department of Banking and Finance GA Sep 20, 2026

DFPI Cease and Desist Order Against Polar Tensor US

On September 17, 2026, Georgia confirmed a final cease and desist order against Polar Tensor US for illegal money transmission.

On September 17, 2026, Georgia confirmed a final cease and desist order against Polar Tensor US for illegal money transmission.

What changed

The company is barred from transmitting money or virtual currency without proper licensure.

Compliance perspective

Monitoring licensing compliance is crucial to avoid punitive measures.

Need help keeping up with these changes?

Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action Georgia Department of Banking and Finance GA Sep 26, 2026

    Cease and Desist Order against Polar Tensor US

    Final Order to Cease and Desist issued for unlicensed money transmission activities.

  • Action Washington State Department of Financial Institutions WA Sep 26, 2026

    Consent Order with Thomas Austin MacArthur

    Consent Order issued under the Mortgage Brokers Practices Act related to licensing issues.

  • Action Texas Department of Banking TX Sep 26, 2026

    Consent Order Relating to OKX, Inc.

    The Texas Banking Commissioner issued a Consent Order against OKX, Inc. for licensing violations.