; (ii) in subsection (c)— (I) in the subsection heading, by striking transmitting and inserting services ; (II) in paragraph (1), in the paragraph heading, by striking transmitting and inserting services ; and (III) in paragraph (2), in the paragraph heading, by striking transmitting and inserting services ; and (iii) in subsection (d)(1), in the paragraph heading, by striking transmitting and inserting services . (B) Text Section 5330 of title 31, United States Code, is amended— (i) by striking money transmitting business each place that term appears and inserting money services business ; and (ii) in subsection (a)(3), by striking money transmitting businesses and inserting a money services business . (C) Table of sections The table of sections for subchapter II of chapter 53 of title 31, United States Code, is amended by striking the item relating to section 5330 and inserting the following: 5330. Registration of money services businesses. . 7. Concealment money laundering Section 1956(a) of title 18, United States Code, is amended— (1) in paragraph (1)(B), by striking knowing that and all that follows through Federal law, and inserting the following: (B) knowing that the transaction— (i) conceals or disguises, or is intended to conceal or disguise, the nature, source, location, ownership, or control of the proceeds of some form of unlawful activity; or (ii) avoids, or is intended to avoid, a transaction reporting requirement under State or Federal law, ; and (2) in paragraph (2)(B), by striking knowing that and all that follows through Federal law, and inserting the following: (B) knowing that— (i) the monetary instrument or funds involved in the transportation, transmission, or transfer represent the proceeds of some form of unlawful activity; and (ii) the transportation, transmission, or transfer— (I) conceals or disguises, or is intended to conceal or disguise, the nature, source, location, ownership, or control of the proceeds of some form of unlawful activity