News & Analysis as of

FinTech Money Transmission Act Banking Sector

Troutman Pepper Locke

CSBS Issues Guidance on Virtual Currency and Tangible Net Worth

Troutman Pepper Locke on

On June 26, the Conference of State Bank Supervisors (CSBS) released new guidance regarding the treatment of virtual currency in the calculation of a licensee’s tangible net worth under the Money Transmission Modernization...more

Morrison & Foerster LLP

Is Payroll Processing Money Transmission? New York May Be Weighing In

Morrison & Foerster LLP on

It seems like a natural progression for a company that provides any sort of payments-related information processing to migrate from handling data about payments to seeking to handle the payments themselves. But it can be a...more

Poyner Spruill LLP

The Nation's First Cryptocurrency Law: A Chat With North Carolina’s Commissioner of Banks

Poyner Spruill LLP on

North Carolina made history when it passed the nation’s first law addressing issues surrounding blockchain and virtual currency. NC Privacy Law Blog recently sat down for a conversation with the man whose office played a key...more

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