American Samoa (AS)
Money transmission and virtual currency licensing planning data for American Samoa. US territory.
Population weight (planning): 0.01% · 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, on the best evidence available, though primary statute text could not be directly retrieved. A Money Services Business Regulatory Act (reported effective around October 2019) requires an Office of Financial Institutions licence for money transfer businesses, and reporting indicates OFI has renewed certification for the entity that operates Binance.US.
Verified 2026-07-16. Source · under review
Fiat treatment
Money transfer businesses (money transmitters) are licensed by the Office of Financial Institutions under the Money Services Business Regulatory Act, understood to sit within American Samoa Code Annotated Title 28 (Finance and Financial Institutions). Exact section numbers were not located in a directly retrieved primary text.
Verified 2026-07-16. Source · under review
Virtual currency treatment
No dedicated virtual currency statute or OFI guidance was located. Reporting states OFI has continued renewing money services business certification for the entity operating Binance.US, suggesting virtual currency exchange activity is being licensed as an ordinary money services business rather than addressed separately.
Verified 2026-07-16. Source · under review
Regulator
American Samoa Government Office of Financial Institutions (OFI), headed by a Commissioner; a Commissioner appointment was confirmed by official government memorandum in March 2025, indicating the office is currently active.
Verified 2026-07-16. Source · under review
NMLS / portal
Not on NMLS. Applications are understood to be made directly to the Office of Financial Institutions; no application portal URL was confirmed in primary sources.
Verified 2026-07-16. Source · under review
MTMA adoption
none: not tracked by CSBS; this jurisdiction operates its own regime.
Verified 2026-07-16. Source
Launch posture
amber: News reporting indicates a real, actively administered money services business regime that has licensed a Binance.US-linked entity, but the statute text and fee schedule could not.
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.