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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
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Ji Kim
Ji Kim
7.8. klo 07.14·
Today’s partial verdict against Roman Storm is troubling and unfortunate. Non-custodial, P2P software is not money transmission. This outcome endangers innovation and puts developers at serious risk. The fight isn't over--an appeal to the Second Circuit awaits. Regulatory clarity is also needed to clarify the definition of a money transmitter in the BSA (as rec'd in the PWG Report on Digital Assets).
Crypto Council for Innovation
Crypto Council for Innovation7.8. klo 01.49
A jury issued a partial verdict in Roman Storm’s case convicting him on conspiracy to operate an unlicensed money transmission business (while not reaching a verdict for the counts on conspiracy to launder money and violate sanctions). An appeal is necessary. This case underscores many things, including why we need regulatory clarity, not criminal enforcement after the fact when there was no control over funds.
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