Money transmission refers to the process of sending or transferring money from one person or place to another. It involves the movement of funds electronically, like through wire transfers or using online payment platforms.
In part two, we discussed how state money transmission laws could make or break a digital currency business. (coindesk.com)
These fall outside of current frameworks and if regulation exists at all it is simply state rules established for money transmission services. (cryptocoinspy.com)
The definition of money transmission includes receiving virtual currency. (cryptoninjas.net)