US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress

US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress

A bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the United States Congress. Data confirming this was published on the Congress’ official website on Jan. 14.

The bill, titled “To provide a safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services,” was submitted by U.S. congressman Tom Emmer and co-sponsored by congressman Darren Soto.

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