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Action requiredCSBSAug 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.

  • ActionCSBSAug 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.

  • ActionGeorgia Department of Banking and FinanceGAJul 13, 2026

    Georgia Money Transmitter Penalty Rule 80-3-4-.01 Effective

    Georgia rule 80-3-4-. 01 became effective July 6, 2026 and sets administrative fines tied to money transmitter violations.

  • ActionVirginia state legislature and state financial regulatorVAJul 5, 2026

    Virginia full MTMA implementation becomes effective

    Virginia's full implementation of the Money Transmission Modernization Act became effective on July 1, 2026. The change places Virginia among the states adopting more standardized money transmission rules on capital, surety bond, and permissible investments.