The Blockchain Association in the United States said in a post that it is mobilizing industry members, developers, and technical leaders to contact senators and communicate directly with Senate offices, urging that Section 604 of the Blockchain Regulatory Certainty Act (BRCA) be preserved in the CLARITY Act. The provision is intended to make clear that open-source software developers and infrastructure providers that do not custody or control users’ assets should not be considered money transmitters solely because they develop or release software. The association said that without the relevant legal clarity, U.S. developers may face unpredictable legal liability, which could drive talent and innovation to other jurisdictions.

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0XNightRun
· 9h ago
If Article 604 were removed, then in the future, even making a wallet would require first hiring ten lawyers—what else would there be to develop?
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GasWarning
· 9h ago
Open-source developers who don’t custody funds shouldn’t be counted as money transmitters; this logic should be written into common sense.
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