North Carolina (NC)
Money transmission and virtual currency licensing planning data for North Carolina.
Population weight (planning): 3.24% · 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 Transmitters Act defines money transmission to include receiving money or monetary value for transmission, and NCCOB's own guidance lists virtual currency exchange or holding as an authorised activity under the same money transmitter licence, with no separate crypto licence.
Verified 2026-07-16. Source
Fiat treatment
Fiat money transmission is the Act's baseline activity: receiving money or monetary value for transmission within the United States or abroad by payment instrument, stored value, wire, facsimile or electronic transfer, for personal, family or household purposes.
Verified 2026-07-16. Source
Virtual currency treatment
Express and inline. Virtual currency is defined at G.S. 53-208.42 as a digital medium of exchange, unit of account or store of value falling within the Article's stored value definition, and NCCOB confirms the same Money Transmitters Act applies equally with no separate licensing track for virtual currency businesses.
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter licence (NMLS); NCCOB requires all applications through NMLS.
Verified 2026-07-16. Source
Launch posture
green: Virtual currency is named directly in the statute, the licence is perpetual, and NCCOB publishes an unusually detailed public FAQ and assessment calculator, making this one.
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.