1030 sats \ 1 reply \ @k00b OP 6h \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA
No imo. The general spirit of most money transmitter laws is consumer protection, ie protection from false claims like "If you give me money, I'll give it to this specific person for you."
Not legal advice, but if it were a donation to the faucet and the faucet chose to "drip" it to people at its own discretion then the faucet is simply spending its own money.