As of September 3, 2026, 31 states have enacted the CSBS Money Transmission Modernization Act, outlining new standards for money transmitters.
What changed
Established standardized requirements for net worth, surety bonds, and liquidity for money transmitters.
Compliance perspective
Businesses operating in multiple states need to assess compliance with varying state standards.
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.