United States of America: Cryptocurrency software developer filed lawsuit in United States District Court challenging application of federal money transmitting laws to cryptocurrency (Lewellen v Attorney General)
Description
Cryptocurrency software developer filed lawsuit in United States District Court challenging application of federal money transmitting laws to cryptocurrency (Lewellen v Attorney General)
On 16 January 2025, a legal filing in the United States District Court challenged the applicability of federal money-transmitting laws to the development and publication of non-custodial cryptocurrency software. The lawsuit arose after the plaintiff…
Scope
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
judiciary
Government Body
court