Tom Emmer proposes legislation to protect blockchain developers in the US
- Tom Emmer wants to protect blockchain developers
- Bill seeks clarity on cryptocurrencies in the US
- New proposal avoids classification as money transmitters
U.S. Rep. Tom Emmer reintroduced the Blockchain Regulatory Certainty Act (BRCA) on May 21, with the support of Congressman Ritchie Torres. The proposal aims to provide legal certainty to developers and service providers linked to blockchain technology, making it clear that these professionals should not be classified as money transmitters when they do not handle user funds.
Emmer argues that the current regulatory uncertainty could drive cryptocurrency innovation away from the United States. “The longer Congress delays clarification, the greater the risk that digital asset technology will be taken overseas,” the lawmaker warned, noting that the new version of the bill incorporates suggestions received during the last Congress.
For him, the country needs to ensure a stable legal environment to keep developers in the country. “The US should be the global home of responsible innovation, not a place where developers are punished for creating open source software or experimenting with new technologies.”
Today, @RepRitchie and I introduced the Blockchain Regulatory Certainty Act to protect blockchain developers and service providers that never custody consumer funds from unjust government prosecution. pic.twitter.com/nCbpHcpf1Y
— Tom Emmer (@GOPMajorityWhip) May 21, 2025
The BRCA seeks to protect technological development without compromising legal oversight. Emmer believes the measure reinforces the principles of freedom of expression and software development, elements he considers fundamental to the growth of the cryptocurrency sector in the United States.
Coin Center CEO Peter Van Valkenburgh also voiced support for the proposal. He said the legislation is the best way to protect industry innovators from lawsuits based on misinterpretations of licensing laws. Valkenburgh emphasized that creating legal certainty, encouraging freedom and ensuring fundamental rights are American principles, not ideological disputes.
The bill positions itself as a concrete attempt to balance technological innovation and legal liability, signaling that Congress is seeking a more technical and less punitive approach to the blockchain sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Hits a New Record, But When Will the Big Altcoin Bull Run Begin? Analyst Reveals Conditions
Velo Partners with Paxos to Redefine Stablecoin Payments Infrastructure
American Law Journal Report Shows Trump’s Policies Helped XRP to Keep Climbing in Value
Bitget Will List BUILDon (B) in the Innovation and Meme Zone
Trending news
MoreCrypto prices
More








