CLARITY Act includes Blockchain Regulatory Certainty Act to protect developers

The U.S. House of Representatives recently passed the CLARITY Act (H.R. 3633), which integrates Section 604, a provision derived from the Blockchain Regulatory Certainty Act. This section provides a critical legal safe harbor for open-source developers, node operators, and transaction validators who do not take custody of customer funds, shielding them from being classified as unlicensed money transmitters. By establishing this distinction, the bill aims to foster innovation in decentralized finance. Despite its strong bipartisan support in the House, the legislation has faced significant hurdles in the U.S. Senate, where it has stalled twice, leaving the future of these developer protections currently uncertain.

(Source：Crypto Briefing)