Law firm op-ed weighs money transmitter licensing for noncustodial crypto wallets

This is an opinion editorial from Kelman Law examining whether noncustodial crypto businesses, such as wallet providers that let users sign transactions on their own devices, need a money transmitter license. It is legal commentary rather than a news event, with no specific ruling, enforcement action or figures attached. Traders have no immediate price catalyst here, though the underlying question of how regulators treat self-custody tools matters for wallet and infrastructure providers over time.