Regulatory Updates

Tracked Changes From State and Federal Regulators

Updates the regulatory team is monitoring across the verticals we file in. Effective dates, severity, and impact in one feed.

Severity: All Action required Watch Informational

State: All states AK AL CA CT DE FL GA HI IA IL IN KS KY LA MA MD MI MN MS MT NC NE NJ NY OR RI SC SD TX VA VT WA WV

Action required licensing · Federal · 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.

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Action required licensing · Federal · May 7, 2026

CSBS MTMA guidance on stablecoins and lease accounting

On April 23, 2026, CSBS issued Money Transmission Modernization Act implementation guidance covering stablecoins and right-of-use leases. The guidance is meant to support consistent state treatment of tangible net worth, permissible investments, and surety bond calculations.

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Regulatory Updates

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