### Question
What is the definition of illegal money transmitting business?


### Answer
The definition of **illegal money transmitting business** is as follows in *18 U.S.C. § 1960*:

> a money transmitting business which affects interstate or foreign commerce in any manner or degree and—


(A) is intentionally operated without an appropriate money transmitting license in a State where such operation is punishable as a misdemeanor or a felony under State law

#### Citation:
  - *18 U.S.C. § 1960*
  - Heading: **PART I-CRIMES > CHAPTER 95-RACKETEERING**

