According to Decrypt, PANews reported on March 27 that 34 crypto enterprises and foundations, including Coinbase, Kraken, and Uniswap Labs, jointly wrote to the U.S. Congress, requesting clarification of the Department of Justice's broad interpretation of the "money transmitter" definition in Section 1960 of the Criminal Code. They stated that this interpretation threatens non-custodial software development in the United States. The clause was previously used to charge Tornado Cash co-founder Roman Storm, raising industry concerns. The DeFi Education Fund emphasized that the current practice might criminalize ordinary developers and called on Congress to clarify legislative intent to avoid an enforcement trend of "criminalizing through prosecution".
More than 30 crypto companies jointly urged the US to clarify the legal definition of "fund transmitter"
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