A bipartisan bill introducing regulatory clarity for the cryptocurrency industry has garnered strong support in Congress. Dubbed the Blockchain Regulatory Certainty Act (BRCA), this legislation seeks to foster domestic blockchain innovation and promote capital retention for U.S.-based crypto initiatives. The reintroduction of the BRCA, spearheaded by Representatives Emmer and Torres, demonstrates a collaborative effort to provide much-needed regulatory certainty within the volatile cryptocurrency landscape. The act clarifies that non-custodial actors in the crypto space are not subject to classification as money transmitters, enabling greater clarity and potentially bolstering the U.S.’s position as a global leader in the blockchain sector.