Startups and would-be entrepreneurs mistakenly think that if they get a license in one state in the United States, they can do business everywhere within the US. They also mistakenly think that if they are incorporated in Montana and get a license there, they are also good to go with regards to money transmitter license coverage. This is not the case.
Watch this short video to learn more.
This page was last updated on September 1, 2022.