Though each state generally uses the same framework for money transmission laws, each statute has its own unique definitions.
We are harnessing the
power of our department’s research into financial issues to provide a channel
to our stakeholders, media, and consumers that will allow for more expository
writing on complex subjects. This blog will promote our agency’s primary communications
goals: To help
Pennsylvania consumers make educated decisions with their money and protect
their assets; communicate department news and perspective;
and inform and influence regulatory and consumer protection issues on the
state and national levels.