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What is a money transmitter? The definition on trial

Two developers went to prison-facing trials over four words in a 1970s-era framework: what counts as transmitting money. The answer decides whether writing DeFi code is a regulated financial business or protected publishing, and Section 604 of the CLARITY Act…

Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

Hyperliquid co-founder Jeff Yan has warned that crypto’s failure to attract enough top entrepreneurs has become one of the industry’s biggest obstacles as young talent moves toward artificial intelligence. The VALR podcast featured Yan’s comments on how the AI boom…

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Hyperliquid co-founder Jeff Yan warns that crypto is losing talented young entrepreneurs to AI as concerns grow over an investment bubble.
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