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CSBS Issues Money Transmitter Guidance on Virtual Currency

By Katryna Perera ( June 26, 2025, 8:51 PM EDT) -- The Conference of State Bank Supervisors on Thursday released advisory guidance on how to consider virtual currency when calculating a licensee's tangible net worth under the Money Transmission Modernization Act, the first set of recommendations to be published under the CSBS board of directors' newly established process for issuing nonbinding, advisory guidance....

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