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The U.S. House of Representatives' encryption bill adds developer protection clauses and will enter the debate stage on Tuesday
2025-06-09 23:55

Odaily News The large crypto market bill that the U.S. House of Representatives is about to consider has added a key clause to protect non-custodial platform developers, clarifying that they do not constitute "unlicensed money service business" operators. This clause was proposed by the Blockchain Regulatory Certainty Act and is supported by groups such as Coin Center and Uniswap Labs. The hearing is scheduled for 10 a.m. Eastern Time on Tuesday. (The Block)