Arkansas (AR)
Money transmission and virtual currency licensing planning data for Arkansas.
Population weight (planning): 0.90% · 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. A Money Transmitter License is required for money transmission activity, defined to include receiving money, virtual currency, or monetary value for transmission, so both the fiat ramp and the CVC leg are captured directly. Ark. Code 23-55-201, 23-55-102.
Verified 2026-07-16. Source
Fiat treatment
Receiving money for transmission is one of the listed money transmission activities requiring licensure. Ark. Code 23-55-102.
Verified 2026-07-16. Source
Virtual currency treatment
Inside the same statute, not a separate regime: virtual currency is a defined term written directly into the definition of money transmission activity, receiving money, virtual currency, or monetary value for transmission, so no extra crypto licence sits alongside the Money Transmitter License. Ark. Code 23-55-102(23).
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter License, filed through the Nationwide Multistate Licensing System.
Verified 2026-07-16. Source
Launch posture
green: Virtual currency is written directly into the core statute with no interpretive guesswork, fees and bond are capped and predictable, and the like-kind virtual currency reserve.
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.