Regulation· ★★★· neutral·

Kentucky joins multi-million-dollar crypto money transmitter settlement, Beshear says

  • —Kentucky joined a multi-state settlement with a crypto money transmitter
  • —Governor Andy Beshear announced the state's participation
  • —The settlement is valued in the millions of dollars
Why it matters: More states joining the case sets a precedent for how US regulators oversee crypto money transmitters.
Source: Google News (crypto query)