Louisiana (LA)
Money transmission and virtual currency licensing planning data for Louisiana.
Population weight (planning): 1.34% · 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, and likely twice over. The new Louisiana Money Transmission Act (effective 1 July 2026) covers the fiat leg, while the separate Virtual Currency Businesses Act covers exchanging, transferring or storing virtual currency, so this scenario commonly triggers review under both regimes.
Verified 2026-07-16. Source
Fiat treatment
Money transmission covers selling or issuing payment instruments or stored value, and receiving money for transmission, from a person in Louisiana, under the Louisiana Money Transmission Act, R.S. 6:1031 et seq. (Act 888/HB 1230 of 2026, effective 1 July 2026, replacing the 1966 Sale of Checks and Money Transmission Act).
Verified 2026-07-16. Source
Virtual currency treatment
Separate licence regime. The new LMTA (R.S. 6:1031-1072) contains no virtual currency provisions at all. Exchanging, transferring or storing virtual currency is licensed separately under the Virtual Currency Businesses Act, R.S. 6:1381 et seq., extended to virtual currency kiosks by 2025 Act 369, effective 1 August 2025.
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter Licence (LMTA) plus a separate Virtual Currency Business Activity licence, both administered by Louisiana OFI through NMLS.
Verified 2026-07-16. Source
Launch posture
red: Two parallel licensing regimes are commonly triggered for this scenario, one of them only weeks old with no track record, the other carrying a bond that.
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.