Blockchain Act Returns to Exempt Wallets, Miners from Regulations

Representative Tom Emmer and Ritchie Torres have reintroduced the Blockchain Act, aiming to shield non-custodial providers from financial regulations. This latest version seeks to protect U.S. innovation while addressing concerns over regulatory burdens on crypto firms. The act aims to facilitate further growth in the blockchain sector by offering clarity for businesses and investors. This legislation’s potential impact is being closely watched by both industry experts and lawmakers, with the goal of ensuring the U.S. remains a leading hub for blockchain development.