Reps. Emmer and Torres reintroduce bill to clarify rules for non-custodial crypto service providers


Description

Republican Rep. Tom Emmer and Democratic Rep. Ritchie Torres reintroduced a bill to clarify that non-custodial crypto platforms — and the developers that build them — are not money transmitters or operators of an “unlicensed money services business."

Publish date

May 21, 2025