The bipartisan proposal aims to codify that writing open-source software does not make you a money transmitter, directly challenging the DOJ's post-Tornado Cash legal theories.
Patrick Witt confirms "obscure legal provisions" are blocking agencies from executing the Strategic Bitcoin Reserve mandate, leaving $31B in seized BTC in operational limbo.
State Street launches a digital asset platform and Newrez accepts crypto for mortgages, signaling a shift from institutional adoption to infrastructure co-option.