Assertion Partly supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Weisman: Money transmitters must secure licenses across every US state

Robin Weisman · a16z Podcast | The Regulatory Landscape for Crypto · Jan 2, 2019 · at 22:40

Robin Weisman, policy expert, explains US state-level regulatory obligations for financial technology and crypto entities.

0:00 / 0:08exact quote · 8.3s

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“States have money transmission licensing, and if you want to be a money transmitter, you have to obtain a license in every jurisdiction in the United States”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Robin Weisman asserts that operating as a money transmitter in the United States requires acquiring a money transmission license in every state jurisdiction.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Robin Weisman's statement accurately highlights that money transmission in the United States is regulated at the state level requiring individual state licenses rather than a single federal-only license for nationwide operation. However, obtaining a license in 'every jurisdiction' is not strictly accurate because Montana is the sole U.S. state that does not have a state-level money transmitter licensing statute or requirement. Operating nationwide requires licenses in 49 states and the District of Columbia, making the assertion substantially true but technically flawed due to the Montana exception.

49 out of 50 U.S. states and the District of Columbia maintain active state-level Money Transmitter License (MTL) statutes.
Montana does not have a state-level money transmitter licensing statute and does not require or issue state MTLs.

Checked against

[1] capitalcomplianceexperts.com [2] braedenanderson.com [3] adamsmith.lt [4] zyphe.com [5] ridgewayfs.com [6] tangoaml.com [7] cornerstonelicensing.com [8] ridgewayfs.com

"every state" money transmitter license exceptions Montana do money transmitters need a license in every state jurisdiction US state money transmitter license requirements state by state Montana "Montana" money transmitter license state law requirement

assessed as of 2026-07-31

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

money transmitter state United States

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