#Money Transmission

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#Money Transmission

2 articles with this tag
Judge Dismisses Lewellen Bid, Leaving Crypto Developers in Legal Gray Zone

Judge Dismisses Lewellen Bid, Leaving Crypto Developers in Legal Gray Zone

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A federal judge dismissed Michael Lewellen's bid for advance legal clarity, keeping crypto developers stuck in the same ugly gray zone: build open-source software and hope regulators don't decide you're secretly running a money service. Lewellen's case was dismissed in late March DOJ says it will target criminals, not code creators Developers still want binding […]

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35 Crypto Firms Challenge DOJ’s Money Transmission Law Stance in Roman Storm Case

35 Crypto Firms Challenge DOJ’s Money Transmission Law Stance in Roman Storm Case

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35 Crypto Firms Rally Against DOJ’s Stance on Money Transmission Laws Thirty-five cryptocurrency firms, spearheaded by the DeFi Education Fund, have taken a stand against the Department of Justice’s (DOJ) interpretation of money transmission laws. This united front addresses the legal battle of Roman Storm, a developer of Tornado Cash, igniting a crucial debate on […]

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