Perseverance 😣

A bill to exempt companies providing non-custodial crypto services, from several state money transmitting laws, has been resubmitted to the United States Congress. 😀

The bill, titled “To provide a safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services,” was submitted by U.S. congressman Tom Emmer and co-sponsored by congressman Darren Soto. 🙌

It seeks to provide a "safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services”, so as to allow companies which use or trade cryptocurrencies but do not hold users’ coins to be exempt from money transmission laws if passed, on grounds that "only custodians present a risk of loss that would be sensibly addressed through licensing." 🤔

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only custodians present a risk of loss that would be sensibly addressed through licensing

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Thanks for sharing.

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My english is too poor to read it.

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Just support u.

Hope u get more in mine.

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