Oklahoma (OK)
Money transmission and virtual currency licensing planning data for Oklahoma.
Population weight (planning): 1.19% · 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 transmitter definition (6 O.S. section 1512(7)) covers accepting and transmitting currency or funds; a CVC exchange's fiat on/off ramp falls within this regardless of how virtual currency itself is treated. Digital asset kiosk operators face an explicit duty under 2025's Senate Bill 1083.
Verified 2026-07-16. Source
Fiat treatment
Fiat money transmission is licensed under the Oklahoma Financial Transaction Reporting Act, 6 O.S. section 1511 et seq., administered by the Oklahoma State Banking Department.
Verified 2026-07-16. Source
Virtual currency treatment
Virtual currency is not itself 'money' under 6 O.S. section 1512(3), which limits currency to government-issued legal tender. Senate Bill 1083 (2025, effective 1 November 2025) separately requires digital asset kiosk operators to hold a money transmitter licence; a fiat-handling exchange is caught by the base statute instead.
Verified 2026-07-16. Source
NMLS / portal
Money Transmitter licence, filed through NMLS; checklist on the NMLS State Licensing Resource Center (StateID OK).
Verified 2026-07-16. Source
Launch posture
amber: A licence is required through the fiat leg with well-defined, moderate costs, but virtual currency's exclusion from 'money' plus a brand-new 2025 kiosk law leave the.
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.