Insight
Massachusetts Adopts Law to Regulate Domestic Money Transmission
2 minutes | January.10.2025
The new law is generally consistent with the Money Transmission Modernization Act (MTMA) and takes effect in September 2025.
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Insight
CFPB Eyes More Oversight of Major Consumer Payment Nonbanks
by John Coleman, Edward Somers and Samantha Goldberg-Seder
4 minute read | December.17.2024
The CFPB adopted a final rule providing for increased oversight of companies offering consumer payment products like mobile apps and digital wallets.
Insight
CFPB Takes Next Step in Its Big Tech Regulatory Strategy: New Rule Proposed to Expand Examination Authority Over Digital Wallets and Payment Apps
by Melissa Baal Guidorizzi, John Coleman, Edward Somers and Samantha Goldberg-Seder
5 minute read | November.13.2023
The proposed rulemaking seeks to expand the CFPB's authority to supervise and examine providers of digital wallets and payment applications.
On the Chain
California The Next Frontier in Digital Asset Regulation
by Kathryn Ryan, Samantha Goldberg-Seder and James Chou
October.06.2023
Update: Governor Newsom signed Assembly Bill 39, establishing the Digital Financial Assets Law on October 13, 2023. In signing, he called for more ...
Insight
Tennessee Law Signals New Era in Money Movement Regulation in U.S.
by Kathryn Ryan, Jedd Bellman and Samantha Goldberg-Seder
7 minute read | June.12.2023
The law was crafted to address disparate money transmission laws around the nation.