Senate Advances Parallel Efforts to Protect Blockchain Coders

[tradelikepro]

Protection for developers is also being debated in the Senate. Earlier this year, Senators Cynthia Lummis and Ron Wyden introduced the Blockchain Regulatory Certainty Act, which similarly seeks to clarify that writing code or maintaining decentralized networks does not automatically make someone a money transmitter under federal law.

Meanwhile, broader crypto legislation continues to move through Congress, including the CLARITY Act, which has cleared committee stages but awaits further action. Whether final digital asset market structure reforms will explicitly include developer protections remains uncertain, as debate continues among lawmakers over how to balance innovation with enforcement.

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devs fighting not to be labeled money transmitters and nasdaq’s like anyway here’s a jitosol etf