New Bill Aims to Provide Regulatory Certainty for Blockchain Businesses

U.S. House of Representatives lawmakers Tom Emmer and Ritchie Torres have introduced the Blockchain Regulatory Certainty Act. This legislation seeks to offer protection for blockchain developers and service providers who handle transactions but are not directly responsible for handling consumer funds. By establishing clearer regulatory frameworks, the act aims to foster a supportive environment where innovation in the blockchain industry can flourish without being stifled by legal uncertainties.