Eight major U.S. Crypto associations revealed the inclusion of the Blockchain Regulatory Certainty Act in the CLARITY Act draft, which combines efforts to protect non-custodial developers while ensuring strong regulation of custodial financial institutions.
The initiative establishes that software developers handling non-custodial systems need not register as money transmitters, thus maintaining a clear regulatory balance between the SEC and CFTC on digital asset oversight.
The BRCA has gained bipartisan support, underscoring its vital role for innovation in the U.S. Digital asset landscape and ensuring developers are not treated as conventional financial entities.
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