Alaska (AK)
Money transmission and virtual currency licensing planning data for Alaska.
Population weight (planning): 0.21% · Back to matrix · Launch map
How to read this page: confirmed cells are checked against a primary regulatory source and dated. Under review marks a cell where primary sources conflict or a figure awaits confirmation.
MTL required
Yes. Alaska's money transmission licence expressly authorises crypto currency dealing and exchanging, crypto ATMs or kiosks, and crypto custodial services, and the fiat ramp independently triggers licensure as receiving money for transmission. AS 06.55.101.
Verified 2026-07-16. Source
Fiat treatment
Fiat money transmission is licensed the same way as any other money-services activity under the Alaska Uniform Money Services Act. AS 06.55.101.
Verified 2026-07-16. Source
Virtual currency treatment
Folded into the same money transmission licence rather than a separate regime: the Division's current licence expressly authorises crypto dealing, exchanging, ATMs and custodial services, but imposes a heightened, currency-specific bond described under surety_bond. AS 06.55.
Verified 2026-07-16. Source
Regulator
Alaska Division of Banking and Securities (DBS), Department of Commerce, Community and Economic Development.
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter License, filed through the Nationwide Multistate Licensing System; Alaska issues no paper licence for NMLS-administered licence types.
Verified 2026-07-16. Source
MTMA adoption
full: SB 86 (2026), effective 1 July 2026. Enrolled 5 June 2026; final gubernatorial action not independently confirmed as of 16 July 2026.
Verified 2026-07-16. Source · under review
Launch posture
amber: Ordinary fiat and crypto MTL in scope, but Alaska's flat $500,000 virtual-currency bond is a meaningfully higher fixed cost than the $150,000 cap non-crypto transmitters face.
Verified 2026-07-16. Source
Net worth / capital (locked)
Net worth / capital is included with access.Permissible investments (locked)
Permissible investments is included with access.Exam / audit timeline (locked)
Exam / audit timeline is included with access.Practitioner notes (locked)
Practitioner notes is included with access.Under the planning scenario
LicenceMap's bond and net worth figures use one scenario throughout: a virtual currency exchange with a fiat on and off ramp, $50m in annual US transmission volume, $2m in average daily outstanding liability, and a single principal office.
Surety bond: Surety bond is included with access.
Net worth / capital: Net worth / capital is included with access.