U.S. crypto associations back inclusion of BRCA in revised CLARITY Act
Description
Eight blockchain organizations, including Uniswap, Solana Foundation, and dYdX, are urging U.S. lawmakers to pass the Blockchain Regulatory Certainty Act (BRCA) as part of the CLARITY Act. They argue that the BRCA provides essential legal protections for developers of non-custodial blockchain software by affirming that such developers should not be regulated as money transmitters. The bill has bipartisan support and aligns with prior FinCEN guidance, aiming to promote responsible innovation in the digital asset sector.
Publish date
June 9, 2025