Senators Ron Wyden and Cynthia Lummis have introduced a bipartisan, standalone version of the Blockchain Regulatory Certainty Act (BRCA). Originally introduced in the House by the GOP Majority Whip and included in the House's Clarity Act, the BRCA aims to protect software developers' rights to write code and ensure the right to self-custody digital assets.
The introduction of the standalone bill comes amid ongoing Senate negotiations on market structure, though it remains uncertain if the BRCA will be included in the updated Clarity Act. The issuance of this standalone version does not alter its prospects for inclusion in the final legislative text.
Senators Introduce Standalone Blockchain Regulatory Certainty Act
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
