Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws

A coalition of 34 crypto industry organizations has sent a joint letter to congressional leaders urging them to address the Department of Justice’s (DOJ) “unprecedented and overly expansive” interpretation of the federal statute governing unlicensed money transmission. source: https://cryptoslate.com/crypto-firms-urge-congress-to-rein-in-dojs-interpretation-of-money-transmission-laws/