Nevada To Require Money Transmitter Licenses For Crypto ATM Operators

August 14, 2019 9:29 PM

Nevada’s financial regulators have changed their interpretation of what constitutes a money transmitter within the state, declaring that any transfer of value – money, credit, virtual currency, or other – will fall under money transmission laws. This change will require operators of the state’s cryptocurrency kiosks to each obtain a transmitter license.

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