IN OUR TOP STORIES FOR MARCH 12, 2025:

FinCEN has issued a Geographic Targeting Order (GTO) that will require all money services businesses (MSBs) located in 30 ZIP codes across California and Texas near the southwest border to file Currency Transaction Reports (CTRs) with FinCEN at a $200 threshold, in connection with cash transactions.

The terms of the GTO are effective beginning 30 days after the date on which the order is published in the Federal Register. The terms are effective for 179 days thereafter.

The order covers the following ZIP codes across seven counties in California and Texas:

Imperial County, California: 92231, 92249, 92281, 92283
San Diego County, California: 91910, 92101, 92113, 92117, 92126, 92154, 92173
Cameron County, California: 78520, 78521
El Paso County, Texas: 79901, 79902, 79903, 79905, 79907, 79935
Hidalgo County, Texas: 78503, 78557, 78572, 78577, 78596
Maverick County, Texas: 78852
Webb County, Texas: 78040, 78041, 78043, 78045, 78046

I saw that. That is the most draconian GTO they have ever issued. Not going to be easy for mom and pop MSBs.