Oklahoma Digital Asset Kiosk Operators Require Money Transmitter License
Summary
The Oklahoma Banking Department announced that effective November 1, 2025, all digital asset kiosk operators in Oklahoma will be required to obtain a Money Transmitter License under SB 1083. The department is developing a registration process for these kiosks.
What changed
Effective November 1, 2025, Oklahoma enacted Senate Bill 1083, which mandates that all entities operating digital asset kiosks within the state must obtain a Money Transmitter License. The Oklahoma Banking Department is currently developing the specific registration process and will provide further details as they become available. This new requirement signifies a significant regulatory shift for businesses involved in digital asset kiosks in Oklahoma.
Digital asset kiosk operators must prepare to comply with the licensing requirements by the November 1, 2025 deadline. Compliance officers should monitor communications from the Oklahoma Banking Department for updates on the registration process and ensure their operations meet the new licensing standards. Failure to comply may result in penalties associated with operating without the required license.
What to do next
- Obtain a Money Transmitter License for digital asset kiosk operations.
- Monitor Oklahoma Banking Department for registration process details.
- Ensure compliance with SB 1083 requirements by November 1, 2025.
Source document (simplified)
OSBD News: Congratulations to the 2025 GSBC Graduates!
Oklahoma Banking Department sent this bulletin at 08/20/2025 12:17 PM CDT
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| \| # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson \| \| | # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | |
| # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | |
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BOULDER, COLO. -- GSBC concluded its 74th Annual School Session, held July 13-25, welcoming nearly 460 community bankers to the University of Colorado Boulder campus for two weeks of intensive education, industry connection and personal reflection.
A highlight of this year’s session was the introduction of GSBC’s class of 2025—a 175-person cohort representing 27 U.S. states. These students began their three-year journey with a bold invitation to help lead the future of their institutions through a deeper understanding of community banking, and commitment to bold thinking, collaboration and curiosity.
The Oklahoma Banking Department congratulates the following Oklahoma-based 2025 graduates:
Ashley Arnold, Legacy Bank, Oklahoma City
Mason Bolay, First Bank & Trust, Perry
Price Foerster, NBC Bank, Oklahoma City
Stephanie Foster, Arvest Bank, Tulsa
Angie Heartsill, Arvest Bank, Norman
Weston Hill, Core Bank, Waynoka
Zachary Hill, Arvest Bank, Tulsa
Chris Hodges, Arvest Bank, Tulsa
Dennis Jett, IBC Bank, Oklahoma City
Phoebe Kautt, First Texoma National Bank, Durant
Miles Pringle, The Bankers Bank, Oklahoma City
Kayla Ramirez, Legacy Bank, Oklahoma City
Chance Richardson, Oklahoma Banking Department, Oklahoma City
Matthew Stanfill, MidFirst Bank, Oklahoma City
Tyler Stroud, Quail Creek Bank, Oklahoma City
GSBC’s 75th Annual School Session is scheduled for July 19-31, 2026. Pre-enrollment is open for 2026; visit www.GSBColorado.org for details.
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***** NEW OKLAHOMA LAW *****
Effective November 1, 2025, ALL DIGITAL ASSET KIOSK OPERATORS in Oklahoma will be required to hold a Money Transmitter License.
Oklahoma Banking Department personnel is in the process of developing a digital asset kiosk registration process to implement the requirements of SB 1083. Additional information will be shared as it becomes available. Senate Bill 1083 can be viewed here. | | |
| | | |
| | | | | | | | # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | | # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | | |
BOULDER, COLO. -- GSBC concluded its 74th Annual School Session, held July 13-25, welcoming nearly 460 community bankers to the University of Colorado Boulder campus for two weeks of intensive education, industry connection and personal reflection.
A highlight of this year’s session was the introduction of GSBC’s class of 2025—a 175-person cohort representing 27 U.S. states. These students began their three-year journey with a bold invitation to help lead the future of their institutions through a deeper understanding of community banking, and commitment to bold thinking, collaboration and curiosity.
The Oklahoma Banking Department congratulates the following Oklahoma-based 2025 graduates:
Ashley Arnold, Legacy Bank, Oklahoma City
Mason Bolay, First Bank & Trust, Perry
Price Foerster, NBC Bank, Oklahoma City
Stephanie Foster, Arvest Bank, Tulsa
Angie Heartsill, Arvest Bank, Norman
Weston Hill, Core Bank, Waynoka
Zachary Hill, Arvest Bank, Tulsa
Chris Hodges, Arvest Bank, Tulsa
Dennis Jett, IBC Bank, Oklahoma City
Phoebe Kautt, First Texoma National Bank, Durant
Miles Pringle, The Bankers Bank, Oklahoma City
Kayla Ramirez, Legacy Bank, Oklahoma City
Chance Richardson, Oklahoma Banking Department, Oklahoma City
Matthew Stanfill, MidFirst Bank, Oklahoma City
Tyler Stroud, Quail Creek Bank, Oklahoma City
GSBC’s 75th Annual School Session is scheduled for July 19-31, 2026. Pre-enrollment is open for 2026; visit www.GSBColorado.org for details.
| |
***** NEW OKLAHOMA LAW *****
Effective November 1, 2025, ALL DIGITAL ASSET KIOSK OPERATORS in Oklahoma will be required to hold a Money Transmitter License.
Oklahoma Banking Department personnel is in the process of developing a digital asset kiosk registration process to implement the requirements of SB 1083. Additional information will be shared as it becomes available. Senate Bill 1083 can be viewed here. | | |
| | | | | | | | | |
| | | | | | | | | |
| | # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | | # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | | | | | | |
| # Congratulations to the 2025 Oklahoma Graduates of the Graduate School of Banking at Colorado
Pictured: OSBD Senior Examiner and 2025 GSBC graduate Chance Richardson with Oklahoma Bank Commissioner and GSBC Alum Mick Thompson | | | | | | | | |
| | |
BOULDER, COLO. -- GSBC concluded its 74th Annual School Session, held July 13-25, welcoming nearly 460 community bankers to the University of Colorado Boulder campus for two weeks of intensive education, industry connection and personal reflection.
A highlight of this year’s session was the introduction of GSBC’s class of 2025—a 175-person cohort representing 27 U.S. states. These students began their three-year journey with a bold invitation to help lead the future of their institutions through a deeper understanding of community banking, and commitment to bold thinking, collaboration and curiosity.
The Oklahoma Banking Department congratulates the following Oklahoma-based 2025 graduates:
Ashley Arnold, Legacy Bank, Oklahoma City
Mason Bolay, First Bank & Trust, Perry
Price Foerster, NBC Bank, Oklahoma City
Stephanie Foster, Arvest Bank, Tulsa
Angie Heartsill, Arvest Bank, Norman
Weston Hill, Core Bank, Waynoka
Zachary Hill, Arvest Bank, Tulsa
Chris Hodges, Arvest Bank, Tulsa
Dennis Jett, IBC Bank, Oklahoma City
Phoebe Kautt, First Texoma National Bank, Durant
Miles Pringle, The Bankers Bank, Oklahoma City
Kayla Ramirez, Legacy Bank, Oklahoma City
Chance Richardson, Oklahoma Banking Department, Oklahoma City
Matthew Stanfill, MidFirst Bank, Oklahoma City
Tyler Stroud, Quail Creek Bank, Oklahoma City
GSBC’s 75th Annual School Session is scheduled for July 19-31, 2026. Pre-enrollment is open for 2026; visit www.GSBColorado.org for details.
| |
***** NEW OKLAHOMA LAW *****
Effective November 1, 2025, ALL DIGITAL ASSET KIOSK OPERATORS in Oklahoma will be required to hold a Money Transmitter License.
Oklahoma Banking Department personnel is in the process of developing a digital asset kiosk registration process to implement the requirements of SB 1083. Additional information will be shared as it becomes available. Senate Bill 1083 can be viewed here. | | | | | | | | |
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