Why Section 604 Is the Clarity Act Fight Crypto Developers Are Watching

The post Senator Wyden Pushes to Preserve BRCA in CLARITY Act appeared on BitcoinEthereumNews.com. Key highlights: Senator Ron Wyden is pushing to retain the BRCA in the CLARITY Act Wyden argues that crypto developers should not be considered financial transmitters CFTC Chair Michael Selig is also urging the Senate to pass the bill immediately As the passage of the US CLARITY Act in 2026 is still facing uncertainty, major figures are urging the Senate to move the bill forward. As lawmakers continue to debate the crypto bill, Senator Ron Wyden is pushing to retain key provisions that protect crypto developers. On Wednesday, Wyden wrote a letter to Senate leaders, highlighting the importance of preserving the Blockchain Regulatory Certainty Act (BRCA). He argued that developers of non-custodial software should not be treated as money transmitters. Senator Wyden pushes to keep the CLARITY Act’s BRCA intact Senator Ron Wyden has expressed his strong support for the CLARITY Act, asking lawm

The post CLARITY Act Timeline: Can the U.S. Crypto Bill Finally Pass in July? appeared on BitcoinEthereumNews.com. The post CLARITY Act Timeline: Can the U.S. Crypto Bill Finally Pass in July? appeared first on Coinpedia Fintech News The U.S. CLARITY Act has entered into one of its most important months. After missing its earlier July 4 target, lawmakers are preparing for another push as the Senate returns on July 13. However, political disagreements, ethics rules, and key crypto provisions still stand in the way.Here’s the key timeline for the Clarity Act. CLARITY … Source: https://coinpedia.org/news/clarity-act-timeline-can-the-u-s-crypto-bill-finally-pass-in-july/

The post Senator Ron Wyden urges Congress to keep developer protections in CLARITY Act appeared on BitcoinEthereumNews.com. Sen. Ron Wyden has urged Senate leaders to keep legal protections for non-custodial blockchain developers in the CLARITY Act as negotiations over the crypto market structure bill continue. Summary Senator Ron Wyden has urged Senate leaders to keep protections for non custodial blockchain developers in the CLARITY Act. The proposed provision would clarify that software developers who do not control user funds are not treated as money transmitters. The Senate is still negotiating developer protections, ethics rules and other unresolved issues before the crypto market structure bill can move forward. In a letter sent to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer, Democratic Senator Ron Wyden urged congressional leaders to retain Section 604, known as the Blockchain Regulatory Certainty Act (BRCA), in any future version of the CLARI

Sen. Ron Wyden has urged Senate leaders to keep legal protections for non-custodial blockchain developers in the CLARITY Act as negotiations over the crypto market structure bill continue. In a letter sent to Senate Majority Leader John Thune and Senate…

The post Senate Leaders Urged to Keep Dev Protections in CLARITY Act appeared on BitcoinEthereumNews.com. US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of the midterms. Wyden told Senate Minority Leader John Thune and Senate Majority Leader Charles Schumer to preserve a section of the CLARITY Act known as the Blockchain Regulatory Certainty Act (BRCA), according to a letter shared by Crypto in America podcast co-founder Eleanor Terrett on Wednesday. “Developers who make and release software that allows people to manage their own digital assets — and, critically, where the developer does not control user assets — should not be treated as money transmitters solely because they create or publish software,” Wyden wrote. The letter comes after certain groups and lawmakers opposed the BRCA. A group of law enforcement organizations and a coalition of

Wyden's advocacy highlights the critical need for clear regulatory frameworks to foster innovation and protect blockchain developers. The post Wyden urges Senate leaders to keep developer protections in the CLARITY Act appeared first on Crypto Briefing.

Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor.

The post A New York Crypto Legal Director Role Is Advertising $1 Million to $5 Million a Year – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Pump.fun posted a New York legal role paying $1 million to $5 million a year. Solana memecoin volume tops $300 million daily as bitcoin sits 50% below October. Pump.fun faces a 2025 New York class action as the Clarity Act points to tighter rules. Pump.fun is shopping for a top lawyer in New York, and it is dangling a payday that would make most Big Tech compensation packages look modest: $1 million to $5 million a year. The timing is awkward for anyone pitching crypto stability, with Bitcoin down about 50% since 10/01 and regulators tightening screws from Europe’s MiCA to Washington’s evolving Clarity Act. Pump.fun’s meteoric growth on Solana has brought big volume and even bigger scrutiny, including a New York class action that accuses the platform of operating a Ponzi scheme. For a company trying to become a global brand, the