#money-transmitter2 articles

2 articles

CryptoBearishDecrypt – AI · 3h ago7/10

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Crypto Case Over Money Transmitter Laws Dismissed by US Judge

A US judge dismissed a crypto case involving money transmitter laws, leaving unresolved the critical question of whether developers of non-custodial cryptocurrency tools must comply with federal money-transmission regulations. This dismissal means the regulatory uncertainty around non-custodial crypto development continues.

CryptoBearishCoinTelegraph · 4h ago6/10

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Court rejects dev's bid to shield software from money transmitter laws

A Texas court dismissed a case brought by Pharos developer Michael Lewellen seeking to shield software developers from money transmitter laws. The dismissal was without prejudice, and Lewellen's legal team is exploring options to move forward with the case.