US Senators | “Money Services Business”

In a display of bipartisan unity, two senators have called upon the Justice Department (DOJ) to reconsider its recent crackdown on a yet another popular Bitcoin privacy service.

The definition of a “Money Services Business” (MSB) was the topic discussed by Senator Cynthia Lummis (R-WY) and Senator Ron Wyden’s (D-OR) in their letter, publicly urging the DOJ to revise their stance on what constitutes an unlicensed MSB.

Senators Cynthia Lummis Senator Ron Wyden’s letter to the DoJ — Senator Lummis on X

Defining a “Money Services Business”

The senators argued that the DOJ’s recent actions, particularly the arrest of the founders of Bitcoin mixer Samourai…

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