A significant step forward for blockchain development: Senators Lummis and Wyden have introduced the Blockchain Regulatory Certainty Act of 2026, targeting a critical gap in current crypto regulation. The legislation specifically shields open-source blockchain developers and infrastructure operators from being classified as money transmitters—a designation that has created legal ambiguity for contributors who have no control over user funds. This distinction is crucial for the decentralized ecosystem, as it acknowledges the difference between builders and custodians. The bill aims to clarify regulatory expectations and reduce compliance barriers for developers focused on protocol innovation rather than direct financial intermediation. Such clarity could catalyze more developer participation in building blockchain infrastructure without the shadow of regulatory uncertainty.
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MEVictim
· 54m ago
Finally, someone has spoken out clearly: builders ≠ money transmitters. Now developers can worry less.
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blocksnark
· 4h ago
Finally, someone understands that builders should not be treated as pawnshops.
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SandwichDetector
· 4h ago
Finally, someone has figured it out: open-source developers are not money transmitters at all.
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DeadTrades_Walking
· 4h ago
Finally, someone has distinguished between developers and custodians. This is the right way.
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LuckyBearDrawer
· 4h ago
Finally, someone has figured it out: open-source developers are not banks.
View OriginalReply0
WalletAnxietyPatient
· 5h ago
Finally, someone understands that developers ≠ wallet administrators.
A significant step forward for blockchain development: Senators Lummis and Wyden have introduced the Blockchain Regulatory Certainty Act of 2026, targeting a critical gap in current crypto regulation. The legislation specifically shields open-source blockchain developers and infrastructure operators from being classified as money transmitters—a designation that has created legal ambiguity for contributors who have no control over user funds. This distinction is crucial for the decentralized ecosystem, as it acknowledges the difference between builders and custodians. The bill aims to clarify regulatory expectations and reduce compliance barriers for developers focused on protocol innovation rather than direct financial intermediation. Such clarity could catalyze more developer participation in building blockchain infrastructure without the shadow of regulatory uncertainty.