What is a money transmitter? The definition on trial

by Joseph Rees

Two developers went to prison-facing trials over four words in a 1970s-era framework: what counts as transmitting money. The answer decides whether writing DeFi code is a regulated financial business or protected publishing, and Section 604 of the CLARITY Act…

Source: https://crypto.news/what-is-a-money-transmitter-the-definition-on-trial/

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