Court Declines to Rule on Crypto Software Regulation Scope

A U.S. federal court has dismissed a closely watched case that sought clarity on whether non-custodial cryptocurrency software falls under federal money transmission laws, leaving a key regulatory question unresolved for the industry. The Texas court on Tuesday granted motions from the Department of Justice and the Financial Crimes Enforcement Network (FinCEN) to dismiss a … Continue reading Court Declines to Rule on Crypto Software Regulation Scope