U.S. bipartisan senators propose clarifying legal liability for crypto developers

OdailyJan 13, 2026
Senators Cynthia Lummis and Ron Wyden stated that they have reintroduced a bipartisan bill aimed at clarifying the specific circumstances under which crypto developers and infrastructure providers are considered money transmitters under federal law. The bill, called the Blockchain Regulatory Certainty Act, aims to distinguish between developers who write or maintain blockchain software and financial intermediaries who control customer funds.

According to the bill, developers and infrastructure providers will be excluded from the definition of money transmitters under federal law as long as they do not have legal rights or unilateral ability to move users' digital assets.

Cynthia Lummis stated that developers who only write code and maintain open-source infrastructure should not be classified as money transmitters without touching, controlling, or accessing user funds.

Ron Wyden stated that forcing developers who write code to follow the same rules as exchanges or brokers is technically infeasible and may violate privacy and freedom of speech.

[Odaily]

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U.S. bipartisan senators propose clarifying legal liability for crypto developers

OdailyJan 13, 2026
Senators Cynthia Lummis and Ron Wyden stated that they have reintroduced a bipartisan bill aimed at clarifying the specific circumstances under which crypto developers and infrastructure providers are considered money transmitters under federal law. The bill, called the Blockchain Regulatory Certainty Act, aims to distinguish between developers who write or maintain blockchain software and financial intermediaries who control customer funds.

According to the bill, developers and infrastructure providers will be excluded from the definition of money transmitters under federal law as long as they do not have legal rights or unilateral ability to move users' digital assets.

Cynthia Lummis stated that developers who only write code and maintain open-source infrastructure should not be classified as money transmitters without touching, controlling, or accessing user funds.

Ron Wyden stated that forcing developers who write code to follow the same rules as exchanges or brokers is technically infeasible and may violate privacy and freedom of speech.

[Odaily]

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