TLDR Crypto · MISCELLANEOUS

DOJ STANCE ON CRYPTO WALLETS

links.tldrnewsletter.com11 min read

Summary from the TLDR Crypto newsletter

The Department of Justice has recently charged non-custodial wallet developers with unlicensed money transmission, marking a significant departure from the established U.S. policy since 2013 that deemed that wallet developers and users are not money transmitters. This shift to enforcement against wallet developers is seen as a threat to due process.