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Action required CSBS Aug 8, 2026

Money Transmission Modernization Act (MTMA) Updates

The CSBS Money Transmission Modernization Act creates standards for capital, surety bond, and investment requirements for money transmitters.

The CSBS Money Transmission Modernization Act creates standards for capital, surety bond, and investment requirements for money transmitters.

What changed

As of August 2026, 31 states have enacted the MTMA in full or part, influencing how money transmitters operate.

Compliance perspective

Firms must ensure compliance with the new standards to operate within these jurisdictions effectively.

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 California DFPI CA Aug 8, 2026

    Digital Financial Assets Law and Money Transmission ActExemption

    California's Digital Financial Assets law defines requirements for money transmitters and application procedures.

  • Action CSBS Aug 8, 2026

    Money Transmission Modernization Act (MTMA) Updates

    The CSBS Money Transmission Modernization Act creates standards for capital, surety bond, and investment requirements for money transmitters.

  • Action Washington Department of Licensing WA Aug 8, 2026

    Debt Collection Licensing and Compliance Overview

    Washington recently enacted laws addressing collection litigation and licensing requirements affecting debt collection practices.