# Money Transmitter Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Money Transmitter", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Catholic And Law Enforcement Groups Warn CLARITY Act Could Weaken Crypto Crime Safeguards

A coalition of Catholic leaders, law enforcement groups, and anti-trafficking advocates warns that the CLARITY Act could weaken safeguards against crypto-enabled crime. Their criticism focuses on provisions that would protect developers of non-custodial software (like wallets and DeFi protocols) from being regulated as money transmitters. This highlights a core regulatory dilemma: distinguishing neutral software from financial intermediation. Crypto advocates argue such developers should not be treated like exchanges, while critics fear broad exemptions could hinder the tracking of illicit finance, including human trafficking and sanctions evasion. The bill aims to create clearer market-structure rules, but this opposition shows the debate extends beyond investor protection to law enforcement concerns. The pushback means supporters may need to address these issues, potentially leading to amendments or stricter requirements. For the crypto industry, clearer rules could spur U.S. investment, but the bill faces a tougher political path if framed as weakening crime-fighting tools.

bitcoinist2h ago

Catholic And Law Enforcement Groups Warn CLARITY Act Could Weaken Crypto Crime Safeguards

bitcoinist2h ago

Alchemy Pay is Now a Licensed Money Transmitter in Nebraska, ACH Price Reacts

Alchemy Pay has secured a money transmitter license in Nebraska, marking its 14th state license in the U.S. This regulatory milestone supports its expansion of fiat-to-crypto and crypto-to-fiat payment services. The announcement positively impacted its native token, ACH, which rose 1.7% in 24 hours and 54.6% over the past month, contrasting broader crypto declines. The company also recently partnered with Japan Open Chain to enable global fiat on-ramps for JOC coin. Further regulatory growth is anticipated, with ACH price projected to increase around 19.54% in the next three months.

TheNewsCrypto01/21 12:17

Alchemy Pay is Now a Licensed Money Transmitter in Nebraska, ACH Price Reacts

TheNewsCrypto01/21 12:17

Samourai co-founder claims Biden-era lawfare in calling for Trump pardon

Keonne Rodriguez, co-founder of Samourai Wallet, is publicly requesting a pardon from President Donald Trump after pleading guilty to operating an unlicensed money transmitter and receiving a five-year sentence. Rodriguez claims his prosecution was "lawfare" by a "weaponized Biden DOJ" with no victims involved. His plea mirrors language used in successful pardon applications, such as those for Silk Road's Ross Ulbricht and former Binance CEO Changpeng Zhao. Rodriguez expressed hope that Trump, who previously stated he would "take a look" at the case, will view the prosecution as an anti-innovation, anti-American attack and grant him and co-founder William Hill a pardon.

cointelegraph12/19 19:48