Blockchain Regulatory Certainty Act follows an earlier version rejected in committee during a previous Congress and has since been refined to address regulatory concerns

Quotes that support claims

He also revealed that they took feedback seriously from the last Congress, after a similar language was voted down, and returned with a smarter, sharper framework that protects innovation without compromising oversight.

Torres added that the revised bill improves on earlier drafts by addressing past criticisms: “We returned with a smarter, sharper framework that protects innovation without compromising oversight.”

While the BRCA was previously rejected during a markup in an earlier session of Congress, its supporters believe the refined version better addresses legitimate regulatory concerns.