The clause specifies that “non-controlling” developers, encompassing those who write or publish code, provide non-custodial wallets, or maintain blockchain infrastructure, “shall not be treated as a money transmitter” solely on that basis.
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Why DeFi is going to love the big change in the crypto Clarity Act
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BRCA provisions specify that “non-controlling” developers, such as those who write or publish code, provide non-custodial wallets, or maintain blockchain infrastructure, shall not be treated as money transmitters, though the precise definition of “non-controlling” should still be specified
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