HR 8395 · 119th Congress

PACE Act of 2026

The PACE Act of 2026 creates a new federal registration system for payment service companies that currently operate under state licenses. Companies that handle money transfers, process payments, or provide similar financial services can now register with the Comptroller of the Currency to operate across all states,…

Sponsor

Kim, Young (R-California)

Introduced

2026-04-21

Policy area

Finance and Financial Sector