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’s Department of Financial Protection and Innovation released opinion letters covering aspects of the Money Transmission Act related to Bitcoin ATMs.
The consent order requires the commercial financing company to desist from lending in California unless and until licensed under the CFL, among other things.
The panel discussion on Jan. 12, 2021 is part of the California Mortgage Bankers Association Legal Issues & Regulatory Compliance Conference.
The Department of Banking and Finance recently updated its guidance regarding temporary branch relocations, effective through the end of 2020.