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Crypto lobby wants software dev protections added to crypto bill

cryptoweekly by cryptoweekly
June 6, 2025
in bitcoin, News
0

A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.

The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space.

A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the Bitcoin Policy Institute requested an additional bill be tacked on to a crypto market structure bill.

The group urged lawmakers to add the Blockchain Regulatory Certainty Act (BRCA), exempting software developers of non-custodial crypto platforms from being classified as money transmitters, to the Digital Asset Market Clarity (CLARITY) Act of 2025.

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  • Crypto 'control' takes center stage at Roman Storm trial
  • Asymmetric shifts funds strategy after investor posts losses on X
  • Ether emerges as winner after crypto’s ‘watershed moment’: Bitwise
  • Traditional companies enter the crypto treasury game with BTC, XRP and SOL buys
  • SOL price drop to $180 would be 'golden' entry before rally to new highs
  • Block joins S&P 500, bringing more Bitcoin exposure to equity index
  • Fate of crypto, CBDC bills unclear as US Congress heads into recess

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