Senate Judiciary Wants Dev Protections Out of Crypto Bill

Leaders of the Senate Judiciary Committee, including Chair Charles Grassley and top Democrat Richard Durbin, have urged the Senate Banking Committee to remove provisions from the crypto market structure bill that protect developers. They argue that these provisions, which aim to exempt crypto software development and network maintenance from federal/state money-transfer laws (part of the Blockchain Regulatory Certainty Act), would create a "significant enforcement gap for decentralized digital asset platforms." Grassley and Durbin warned this gap risks attracting illicit actors like cartels, making it harder to prosecute unlawful transactions. The Judiciary Committee claims it was not consulted on these proposed changes. This development represents another hurdle for the bill, which already faced delays in the Banking and Agriculture Committees while seeking bipartisan support necessary to pass the Senate floor.

(Source：Cointelegraph)