By Sarah Auchterlonie and Joel Herberman ( June 17, 2025, 4:31 PM EDT) -- On April 18, Colorado joined a growing list of states that have enacted the Money Transmission Modernization Act, which repeals and replaces the state's previous Money Transmitters Act.[1] The law updates standards for the licensing, supervision and regulation of money transmitters while codifying an agent-to-payee exemption....
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