The OFR proposed amendments to rules governing money transmitters, particularly around stablecoin issuer filings and licensing.
What changed
New filing requirements and forms that cater to stablecoin issuers were introduced.
Compliance perspective
Entities engaging in money transmission or stablecoin issuance must prepare to adapt to the new regulations.
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.