CSBS updated its Money Transmission Modernization Act tracker in August 2026 and reported that 31 states had enacted the law in full or in part. The tracker is not a binding rule, but it is a useful current map of where state money transmitter standards are changing.
What changed
CSBS refreshed its public MTMA adoption status and showed broader state uptake of the model framework. The update gives companies a current reference point for where licensing standards may be converging.
Compliance perspective
Money transmitters should use the tracker to reassess expansion plans, state application timing, and where standardization may reduce friction across jurisdictions. It is also a good trigger to review whether current NMLS workflows and internal state matrices reflect MTMA states accurately.
Key date
Effective date: August 1, 2026.
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