US Senator Introduces Bill to Protect Crypto Developers, Broad Crypto Regulatory Framework Imminent

TechFlowJan 12, 2026
#DeFi DEFI-1.03%
On January 13, according to The Block, Republican Senator Cynthia Lummis and Democratic Senator Ron Wyden jointly introduced the "Blockchain Regulatory Certainty Act" on January 12, clarifying that software developers who do not control user funds should not be considered money transmitters. The bill aligns with prior work in the House of Representatives and is expected to be incorporated into broader cryptocurrency market structure legislation by the Senate Banking Committee.

The Senate Banking Committee plans to hold a hearing this Thursday to revise and vote on a comprehensive regulatory bill targeting the crypto industry, with the full text anticipated to be released early this week. The Senate Agriculture Committee had originally scheduled a review of its own crypto market structure bill on the same day but has now postponed it to later this month.

Key points of legislative negotiation include the treatment of stablecoin yields, potential conflicts of interest regarding the Trump family’s crypto ventures, and the role of decentralized finance ($DeFi). The $DeFi Education Foundation emphasized that the bill is crucial for protecting software developers and self-custody rights.

[DeepFlow TechFlow]

Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

US Senator Introduces Bill to Protect Crypto Developers, Broad Crypto Regulatory Framework Imminent

TechFlowJan 12, 2026
#DeFi DEFI-1.03%
On January 13, according to The Block, Republican Senator Cynthia Lummis and Democratic Senator Ron Wyden jointly introduced the "Blockchain Regulatory Certainty Act" on January 12, clarifying that software developers who do not control user funds should not be considered money transmitters. The bill aligns with prior work in the House of Representatives and is expected to be incorporated into broader cryptocurrency market structure legislation by the Senate Banking Committee.

The Senate Banking Committee plans to hold a hearing this Thursday to revise and vote on a comprehensive regulatory bill targeting the crypto industry, with the full text anticipated to be released early this week. The Senate Agriculture Committee had originally scheduled a review of its own crypto market structure bill on the same day but has now postponed it to later this month.

Key points of legislative negotiation include the treatment of stablecoin yields, potential conflicts of interest regarding the Trump family’s crypto ventures, and the role of decentralized finance (DeFi). The DeFi Education Foundation emphasized that the bill is crucial for protecting software developers and self-custody rights.

[DeepFlow TechFlow]

Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors