Senator Lummis: Latest Proposal Fails to Adequately Protect Developers, Will Delete Lummis-Grassley Amendment

Odaily News: Fox Business crypto reporter posted on X platform, stating that Senator Lummis said the latest proposal from Senator Cortez Masto and the prosecutor group is not the product of any agreement with her, and it fails to adequately protect developers and does not provide law enforcement with the necessary common-sense tools. However, the current situation is not feasible, so work must continue. The latest proposal will delete the Lummis-Grassley Amendment, which clearly stipulates that software developers can only be held criminally liable if they have the specific intent to assist in money laundering.