DFPI addresses cryptocurrency MTA licensing exemptions
A new opinion letter covers aspects of the California Money Transmission Act related to certain cryptocurrency activities.
Vermont rescinds combination license option
Between July 1 and Sept. 30, companies that hold a combination license must transition back to the appropriate licenses in order to conduct business in the state.
Colorado expands student loan servicer provisions
The updates to the Student Loan Servicers Act cover private lenders, creditors, and collection agencies connected to postsecondary non-federal student loans.
Colorado enacts Nonbank Mortgage Servicers Act
The Colorado Nonbank Mortgage Servicers Act provides additional consumer protections through the regulation of mortgage servicers.
Massachusetts allows work from home for some entities
The guidance replaces any previous guidance issued by the Division of Banks of the Massachusetts Office of Consumer Affairs and Business Regulations regarding telework and will continue, unless modified or withdrawn.