Crypto Groups Urge Senate to Safeguard Developers in New Digital Asset Bill

Over 110 cryptocurrency organizations, including major players like Coinbase, Ripple, a16z crypto, and the Uniswap Foundation, have written to the U.S. Senate Banking and Agriculture Committees urging protection for blockchain developers in upcoming legislation surrounding digital assets. This letter, coordinated by the DeFi Education Fund, highlights concerns that without explicit safeguards, American developers could face overly burdensome regulations aimed at traditional financial institutions.