Change provisions relating to applicants and licensees under the Nebraska Money Transmitters Act and prohibit money transmission by foreign adversary persons

Summary

The bill revises the Nebraska Money Transmitters Act by adding new definitions and stricter requirements for people applying for or holding a money‑transmitter license. It also makes it illegal for anyone linked to a foreign adversary country to conduct money‑transmission business in the state. The changes are intended to improve oversight and protect Nebraska from foreign influence.

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