Lummis and Wyden Introduce Bill Exempting Blockchain Developers From Money Transmitter Rules

A bipartisan Senate proposal aims to resolve longstanding confusion about whether writing blockchain software constitutes operating a financial services business. Senator Cynthia Lummis partnered with Senator Ron Wyden to draft the Blockchain Regulatory Certainty Act. This establishes that creating code differs fundamentally from managing customer assets. The Wyoming Republican chairs the Senate Banking Digital Assets […] Read The Full Article Lummis and Wyden Introduce Bill Exempting Blockchain Developers From Money Transmitter Rules On Coin Edition.