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Crypto Advocates Seek Developer Protections in Legislation

A coalition of crypto advocacy organizations has requested that legislative authorities incorporate provisions into the crypto market framework legislation to shield software developers from being classified as money transmitters.
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AI Analysis

The plea by crypto advocacy groups highlights ongoing concerns within the industry regarding regulatory clarity and legal liabilities for software developers. By seeking protections in the bill, these...

AI Recommendation

It is advisable for industry stakeholders to support these legislative efforts, as clear protections can foster an environment of innovation and growth. Engaging proactively with lawmakers to educate ...

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