DFPI: Certain Bitcoin ATMs not subject to MTA licensure
California’s Department of Financial Protection and Innovation released opinion letters covering aspects of the Money Transmission Act related to Bitcoin ATMs.
California DFPI issues MCA enforcement action covering future receivables
The consent order requires the commercial financing company to desist from lending in California unless and until licensed under the CFL, among other things.
Tim Lange to discuss “Impact of Covid-19 on your business”
The panel discussion on Jan. 12, 2021 is part of the California Mortgage Bankers Association Legal Issues & Regulatory Compliance Conference.
Nebraska updates guidance on temporary branch relocations
The Department of Banking and Finance recently updated its guidance regarding temporary branch relocations, effective through the end of 2020.