Latest News and Articles about Money Transmission

Judge Dismisses Lewellen Bid, Leaving Crypto Developers in Legal Gray Zone

28 April 2026 Daily Feed DOJ, Michael Lewellen, Money Transmission, Tornado Cash

A federal judge dismissed Michael Lewellen’s bid for advance legal clarity, keeping crypto developers stuck in the same ugly gray zone: build open-source software and hope regulators don’t decide you’re secretly running a money service. Lewellen’s case was dismissed in late March DOJ says it will target criminals, not code creators Developers still want binding […]

35 Crypto Firms Challenge DOJ’s Money Transmission Law Stance in Roman Storm Case

30 March 2025 Daily Feed Crypto Firms, DOJ, Money Transmission, Tornado Cash

35 Crypto Firms Rally Against DOJ’s Stance on Money Transmission Laws Thirty-five cryptocurrency firms, spearheaded by the DeFi Education Fund, have taken a stand against the Department of Justice’s (DOJ) interpretation of money transmission laws. This united front addresses the legal battle of Roman Storm, a developer of Tornado Cash, igniting a crucial debate on […]