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Action required Virginia State Corporation Commission VA Jul 28, 2026

Virginia money transmitter law transition under new Chapter 19.1

Virginia's new money transmitter framework under Chapter 19. 1 was already in effect during the July 14 to July 28, 2026 window.

Virginia's new money transmitter framework under Chapter 19.1 was already in effect during the July 14 to July 28, 2026 window. The prior chapter was repealed and replaced effective July 1, 2026, and the SCC opened a 2026 rulemaking proceeding tied to the transition.

What changed

Virginia replaced its prior money transmitter statutory chapter with a new Chapter 19.1 framework effective July 1, 2026.

Compliance perspective

Money transmitters operating in Virginia should confirm that licensing, reporting, and program documentation reflect the new framework. The search results also note ongoing NMLS licensing and quarterly MSB Call Report and UAAR filing expectations.

Key date

Effective date: July 1, 2026.

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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.

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