Coin Center Says Crypto Software Code Qualifies as First Amendment-Protected Speech
The policy group said publishing and maintaining software should be protected, while developers may face regulation when they control user assets, execute transactions, or make decisions for users.
Summary
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Terms & Concepts
First Amendment: The constitutional protection for freedom of speech in the United States.
Crypto software code: Software code used for blockchain or digital asset applications, which Coin Center argues can function as protected expression.
User asset control: A situation where a developer or platform directly holds or manages customer funds, which can trigger regulatory obligations.