Northern Mariana Islands (MP)
Money transmission and virtual currency licensing planning data for Northern Mariana Islands. 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
Limited, and probably no for a purely domestic scenario. NMI Administrative Code 20-20.1 licenses 'remittance,' defined as receiving money to transmit to a country outside the Commonwealth. A domestic US CVC exchange with a US fiat ramp sits outside that definition on its face, and no separate general money transmitter or virtual currency statute was found.
Verified 2026-07-16. Source
Fiat treatment
The Commonwealth licenses 'remittance' (receiving money to transmit to a country outside the Commonwealth) and 'foreign exchange currency transactions' (buying or selling foreign currency notes), NMIAC section 20-20.1-005. Purely domestic US money transmission is not clearly within this definition.
Verified 2026-07-16. Source
Virtual currency treatment
Not located in primary sources. No provision of the Commonwealth Banking Code (4 CMC sections 6101 to 6814) or its implementing regulations reviewed addresses virtual currency, cryptocurrency or digital assets.
Verified 2026-07-16. Source · under review
Regulator
CNMI Department of Commerce, Division of Banking, under the Director of Banking within the Office of the Secretary of Commerce.
Verified 2026-07-16. Source
NMLS / portal
Not on NMLS. Applications are made directly to the Department of Commerce, Division of Banking, using paper forms in the FX series.
Verified 2026-07-16. Source
MTMA adoption
none: not tracked by CSBS; this jurisdiction operates its own regime.
Verified 2026-07-16. Source
Launch posture
amber: The existing licence is narrowly scoped to outbound foreign remittance and foreign currency exchange, so it is unclear whether or how it would reach a domestic.
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.