Damus
Aaron van Wirdum profile picture
Aaron van Wirdum
@Aaron van Wirdum
So it’s official? You now need to register as a Money Services Business if you want to develop non-custodial wallet software in the US and not go to jail?

Or am I missing nuance?
1216❤️29🤙5❤️2👀2:amy:11
Mrbloom · 28w
They are pressing xD .... better explained impossible
Dr. Hax · 28w
Not exactly. They said "they came to know that some of the bitcoin moving through the service was derived from criminal activity, and they kept marketing and operating the service anyway." [1] The core issue of the case is that they were helping criminals commit crimes. If they just made a wallet ...
siggy47 · 28w
Legislation is pending that, if passed, will end the threat: https://bitcoinmagazine.com/news/the-clarity-act-heads-to-house-floor-for-vote-with-protection-for-noncustodial-tools-intact
Ľḭṿḙśƫṟãɖãṁṹṧ💫#RunCoreV30 · 28w
They want all of us to route all bitcoin transactions through intermediaries aka banks
Furious Honey Badger ⚡️ · 27w
FUCK KYC
atori · 27w
This is about coordinating transactions only. A regular wallet dev has little to fear I think.