US Senate intensifies discussions on CLARITY Act: aims to clarify that non-custodial software developers will not be held legally liable for third-party use of their code

Odaily Planet Daily News With just over two weeks left before the U.S. Congress recesses on July 4th, senators are intensifying behind-the-scenes negotiations to advance the CLARITY Act for a full Senate vote as soon as possible after the recess. Sources report that bipartisan senators will meet this week to discuss disputed provisions, including key clarifications that non-custodial software developers "should not be held legally liable for third-party use of their code if they did not knowingly participate in illegal activities." Previously, law enforcement agencies expressed concerns that this provision could weaken accountability for on-chain illegal activities.

Industry insiders note that as the legislative window narrows, the CLARITY Act is entering a critical phase. If it cannot be advanced by August, related processes may be further delayed due to the influence of the election cycle. (Cryptoinamerica)