An amendment was added to the Clarity Act clarifying that non-custodial platforms and their developers are not money transmitters or unlicensed service operators.

Event date

June 9, 2025

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On Monday, a measure was added to the amended text that would clarify that non-custodial crypto platforms — and the developers that build them — are not money transmitters or operators of an 'unlicensed money services business.'

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Week 24 of 2025