Bitcoin News
Money Transmitter Laws: Texas Court Rejects Developer’s Bid for Software Protection in Landmark Ruling
A Texas federal court has delivered a significant blow to cryptocurrency software developers seeking legal clarity, dismissing a lawsuit that sought protection from money transmitter regulations for non-custodial blockchain software. The March 25, 2026 ruling by Chief U.S. District Judge Reed O’Connor rejected developer Michael Lewellen’s request for declaratory judgment regarding his Pharos donation software, […]
