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Forbes reporter: Department of Justice has clarified its interpretation of currency transmission licensing laws

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2025-04-08 23:47:04
Forbes reporter Eleanor Terrett posted on the X platform that after the Decentralized Financial Education Fund sent a letter to cryptocurrency and artificial intelligence czar David Sacks on Monday morning, the Department of Justice clarified its interpretation of the money transfer licensing law. The letter urges the White House to protect the rights of DeFi developers, signed by industry giants such as Cameron Winklevoss and Tyler Winklevoss, Brian Armstrong, Chris Dixon, Matt Huang, Kyle Samani, Arjun Sethi, and others.
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