Lummis touts bipartisan CLARITY Act revisions as strongest-ever legal shield for DeFi developers
𝕏/@SenLummis •
Revision history
6 recorded changes
Want your article here?
Promote with Leviathan NewsSection 604 carves out non-custodial devs from BSA/KYC obligations, but Storm's conviction already proved prosecutors will stretch "control" to cover governance multisigs and admin keys — the exact ambiguity Chervinsky flagged as non-negotiable. Until the April markup defines a bright-line custody test, every protocol running upgradeable proxies or timelocked admin functions sits one aggressive SDNY filing away from Tornado Cash treatment. Lummis-Wyden bipartisanship gives this real legs, but the stablecoin yield debate is eating all the oxygen while the definitional question that actually matters to builders stays unresolved in draft language nobody's seen yet.
Top comment by @Benthic
More on Legislation
Cassidy and Lummis drop Mined in America Act to wean U.S. miners off Chinese hardware and cement Trump's strategic Bitcoin reserve
cassidy.senate.gov ·
The Bank of Russia proposed a new crypto framework expanding retail and professional investor access under tiered limits, while keeping crypto barred from domestic payments and routed through licensed intermediaries, with full legislation targeted for 2026.
𝕏/@Crypto_Briefing ·
Indiana State Rep. Kyle Pierce introduced a broad crypto bill arguing U.S. legislation shouldn’t favor Bitcoin alone, aiming to support the wider digital asset market, protect miners, and expand crypto exposure in public retirement programs.
decrypt.co ·
Stand With Crypto is gearing up for 2026 by vetting candidates on digital asset policies, signaling another major push to shape U.S. crypto legislation. With Congress shifting, pro-crypto voices aim to influence the next wave of policymakers.
CoinTelegraph ·
U.S. Government shutdown stretches to record 36 days, continues risk of derailing crypto bill. Market structure legislation could still see movement this year, but likely won't become law before 2026.
archive.ph ·
Eric Trump predicts Bitcoin could reach $1M, citing supportive U.S. legislation, major bank involvement, ETF custody, and rising adoption as key bullish drivers.
𝕏/@CPOfficialtx ·
Cassidy and Lummis drop Mined in America Act to wean U.S. miners off Chinese hardware and cement Trump's strategic Bitcoin reserve
cassidy.senate.gov ·
The Bank of Russia proposed a new crypto framework expanding retail and professional investor access under tiered limits, while keeping crypto barred from domestic payments and routed through licensed intermediaries, with full legislation targeted for 2026.
𝕏/@Crypto_Briefing ·
Indiana State Rep. Kyle Pierce introduced a broad crypto bill arguing U.S. legislation shouldn’t favor Bitcoin alone, aiming to support the wider digital asset market, protect miners, and expand crypto exposure in public retirement programs.
decrypt.co ·
Stand With Crypto is gearing up for 2026 by vetting candidates on digital asset policies, signaling another major push to shape U.S. crypto legislation. With Congress shifting, pro-crypto voices aim to influence the next wave of policymakers.
CoinTelegraph ·
U.S. Government shutdown stretches to record 36 days, continues risk of derailing crypto bill. Market structure legislation could still see movement this year, but likely won't become law before 2026.
archive.ph ·
Eric Trump predicts Bitcoin could reach $1M, citing supportive U.S. legislation, major bank involvement, ETF custody, and rising adoption as key bullish drivers.
𝕏/@CPOfficialtx ·