Fall Regulatory Summit

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CONFIDENTIAL

MTMA

• 2 Tracks: Adoption & Implementation • Implementation topics in focus: ¾ Tangible Net Worth ƒ Gross vs. Net Reporting ƒ Treatment of Customer Funds ¾ Payroll Service Providers • Consumer Protection Concerns ¾ Bankruptcies: FTX, BlockFi, Voyager… Money Transmission Modernization Act

RESOURCES: https://www.csbs.org/model-money-transmission modernization-act

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