What requirement is stressed by the law for money transmitters under 18 USC 1960?

The requirement that is stressed by the law for money transmitters under 18 USC 1960 is the necessity of having a proper license. This legal framework is in place to ensure that individuals or companies engaged in the transmission of money or monetary instruments operate within a regulated environment. Licensing is crucial because it helps to prevent illegal activities such as money laundering and fraud, ensuring that money transmitters adhere to specific standards and regulatory requirements defined by state and federal agencies.

This requirement enhances accountability and safeguards the financial system, as licensed entities are typically subjected to oversight, compliance checks, and operational regulations. Thus, a proper license is essential for legal operation and helps to maintain the integrity of financial transactions and the industry as a whole.