Missouri (MO)
Money transmission and virtual currency licensing planning data for Missouri.
Population weight (planning): 1.82% · 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. The Money Transmission Modernization Act of 2024 (sections 361.900 to 361.1035 RSMo) requires a licence from the Division of Finance for money transmission, and a CVC exchange receiving customer fiat for transmission falls within the receiving-money-for-transmission definition.
Verified 2026-07-16. Source
Fiat treatment
Money transmission covers selling or issuing payment instruments, selling or issuing stored value, or receiving money for transmission from a person in Missouri; this replaced the former Sale of Checks Law effective 28 August 2024.
Verified 2026-07-16. Source
Virtual currency treatment
No express virtual currency definition; coverage rests on the broad monetary value and receiving-money-for-transmission definitions. A specific virtual currency kiosk provision effective 28 August 2025 separately deems kiosk operators to be engaged in money transmission requiring licensure.
Verified 2026-07-16. Source
Regulator
Missouri Division of Finance, within the Department of Commerce and Insurance.
Verified 2026-07-16. Source
Launch posture
green: Clean statutory MTMA adoption with confirmed net worth and bond formulas.
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.