Description: A U.S. membership association of state and territorial regulators responsible for licensing and supervising money transmitters and payment services, MTRA facilitates coordination, information‑sharing, training, and development of supervisory best practices for oversight of traditional and emerging payment methods. Type: Non‑profit membership association of state financial regulators Policies: Supports state‑level supervision and licensing of money transmitters, consumer protection and examinations, anti‑money‑laundering compliance, supervision of virtual currency and digital asset transmission, licensing coordination and reciprocity, and regulatory guidance and training for payment systems oversight. Funding: Primarily funded by membership dues and fees from state and territorial regulatory members and revenue from training/events; may receive project grants or fee‑for‑service income. Affiliates: State banking and financial services departments and commissioners, regional regulator groups, multistate licensing initiatives and closely coordinated with organizations such as state regulator associations and oversight programs
