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Lummis–Wyden bill shields non-custodial crypto devs from money transmitter rules – TON BOT

Lummis–Wyden bill shields non-custodial crypto devs from money transmitter rules

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The Blockchain Regulatory Certainty Act introduced by Senators Lummis and Wyden aims to exempt non-custodial crypto developers from money transmitter rules to reduce legal risk and keep developers in the U.S. The bill clarifies that writing code, maintaining networks, and building tools do not require money transmitter licenses. Industry groups support the bill to distinguish between developers and intermediaries, potentially reducing regulatory uncertainty and keeping blockchain projects in the U.S.

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