Bipartisan Senate Bill Seeks Clarity on Crypto Developer Liability Under Federal Law – Decrypt
In brief Senators Lummis and Wyden proposed clarifying when developers qualify as money transmitters. The bill ties a developer’s liability to control over assets rather than to writing or maintaining software. Developer liability is shaping how stakeholders assess broader crypto legislation, Decrypt was told. Senators Cynthia Lummis (R-WY) and Ron Wyden (D-OR) have reintroduced bipartisan...
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