Senator Ron Wyden Urges Congress to Keep Developer Protections in CLARITY Act

Senator Ron Wyden urges Congress to keep developer protections in CLARITY Act

Sen. Ron Wyden has urged Senate leaders to keep legal protections for non-custodial blockchain developers in the CLARITY Act as negotiations over the crypto market structure bill continue. In a letter sent to Senate Majority Leader John Thune and Senate…

Senate Leaders Urged to Keep Dev Protections in CLARITY Act

US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of the midterms. Wyden told Senate Minority Leader John Thune and Senate Majority Leader Charles Schumer to preserve a section of the CLARITY Act known as the Blockchain Regulatory Certainty Act (BRCA), according to a letter shared by Crypto in America podcas…

US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act

U.S. Senator Ron Wyden urged Senate leaders to preserve legal protections for non-custodial blockchain developers in the Digital Asset Market Clarity Act, drawing crypto policy support while leaving his final vote on the bill uncertain. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to […]

Wyden Pushes Senate to Keep Developer Safe Harbor in CLARITY Act

Sen. Ron Wyden's letter to Senate leaders, first posted publicly by Fox Business journalist Eleanor Terrett on July 8, is the clearest Democratic signal yet that Section 604, the only statutory shield protecting non-custodial Bitcoin and blockchain developers from money-transmitter prosecution, has bipartisan backing going into the Senate floor fight.Key takeawaysSen. Ron Wyden (D-OR) sent a letter to Senate Majority Leader John Thune (R-SD) and…

Legal clarity for blockchain developers, INTERPOL's crypto fraud crackdown, and more

BRCA creates a safe harbor for non-custodial developers, and Senator Wyden wrote that a common-sense provision for punishing those using funds from illicit activities.

Senator Wyden Pushes to Preserve BRCA in CLARITY Act

Key highlights:Senator Ron Wyden is pushing to retain the BRCA in the CLARITY ActWyden argues that crypto developers should not be considered financial transmittersCFTC Chair Michael Selig is also urging the Senate to pass the bill immediatelyAs the passage of the US CLARITY Act in 2026 is still facing uncertainty, major figures are urging the Senate to move the bill forward. As lawmakers continue to debate the crypto bill, Senator Ron Wyden is …