Bipartisan Bill Offers Clarity for US Crypto Developers

A new bill designed to provide clarity and stability for crypto developers in the United States is gaining momentum. Co-led by Congressman Ritchie Torres of New York, the Blockchain Regulatory Certainty Act aims to clarify which digital asset service providers are subject to existing regulations. The legislation explicitly states that wallet developers, node operators, and miners – who don’t actually hold user funds – are not considered money transmitters under federal law.