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30 crypto firms call on Congress for clarity on money transmitter rules

Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to key lawmakers, including Senate Banking Committee Chairman Tim Scott and House Judiciary Committee Chairman Jim … Read more

MoonPay secures Wisconsin money transmitter license in effort to expand US services

MoonPay has received a Money Transmitter License from the Wisconsin Department of Financial Institutions. This license allows the company to expand its services in the state, according to a press release shared with crypto.news. This means that Wisconsin residents can now use MoonPay Balance to deposit funds for fee-free purchases, excluding ecosystem and network fees. … Read more

Ripple Secures Key Money Transmitter Licenses in NY and Texas: XRP Price Analysis January 2025

Ripple News continues to bolster the XRP price analysis as the much-loved token shows stability and strength despite the FOMC crypto crash. Each week in January saw a major negative event, causing a historic XRP drop .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d and a … Read more

Ripple obtains Money Transmitter Licenses in Texas, New York

Key Takeaways Ripple has secured Money Transmitter Licenses in New York and Texas, totaling over 50 in the US. Ripple’s payments business processed $70 billion in volume, doubling last year with new North American customers. Share this article Ripple has obtained Money Transmitter Licenses (MTLs) in New York and Texas, strengthening its position in two … Read more

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