All money transmitters are required to be licensed. There are no two ways about it.
When looking to apply for a money transmitter license, the requirements might be different depending on the country and state. For instance, if you’re seeking a money transmitter license in the United States, you will have to register with Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury.
In addition to this , you will also have to fulfill other requirements. These include paying the license fee, providing all the relevant documents, etc. To help you proceed with the application, here’s a short video regarding the money transmitter licenses cost.