Crypto Industry Heavyweights Urge Senate To Pass Clarity Act With Developer Protections Intact

More than 60 of the most prominent CEOs and founders in the cryptocurrency industry sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on June 9, calling on the full Senate to pass the Digital Asset Market Clarity Act with its blockchain developer protections intact — a provision the signatories described as a non-negotiable condition of their support.

The letter, signed by executives from Coinbase, a16z crypto, Uniswap, Solana Labs, Kraken, Paradigm, Galaxy, Ledger, and dozens of other leading firms, focused on Section 604 of the Clarity Act — the Blockchain Regulatory Certainty Act, or BRCA — which shields non-controlling software…

Read more on BitcoinMagazine

1.2K Reads