Federal Judge Blocks Texas Age-Verification Law for App Stores in Blow to Tech Regulation Push
A federal judge has temporarily halted Texas' controversial app store age-verification law, dealing a setback to growing state-level efforts to regulate digital platforms. The ruling by Judge Robert Pitman compares the requirements to impractical bookstore restrictions, suggesting the law may face constitutional challenges.
The decision carries implications for cryptocurrency apps and exchanges operating in Texas, particularly those offering trading services to younger demographics. Platforms like Coinbase and Binance would have faced additional compliance burdens under the now-blocked legislation.
This legal challenge arrives as Congress considers similar nationwide regulations. The crypto industry remains divided on age-verification measures, with some exchanges viewing them as necessary consumer protections while others decry them as barriers to financial innovation.
