Senator Lummis: The latest proposal fails to adequately protect developers and will remove the Lummis-Grassley amendment

Odaily Odaily Planet Daily News reported that a Fox Business crypto journalist posted on platform X, stating that Senator Lummis said that the latest proposal by Senator Cortez Masto and the prosecutors' group was not the product of any agreement reached with them, and it failed to adequately protect developers, and also failed to provide law enforcement with the common-sense tools needed. However, the current situation is not feasible, so work must continue to move forward. The latest proposal would remove the Lummis-Grassley amendment, which clearly stipulates that software developers can only be held criminally liable if they have the specific intent to assist with money laundering.