• CONTACT
  • MARKETCAP
Coin  Deskk
  • BOOKMARKS
  • What’s New
  • Cryptocurrency
  • Pages
    • Contact Us
    • Search Page
    • Customize Interests
    • My Bookmarks
  • Home Coin
  • Home Coin
Reading: Coin Center presses Senate to keep dev protections in BRCA bill
Share
Coin  DeskkCoin  Deskk
Font ResizerAa
  • Home
  • Crypto
  • Market
  • Blockchain
  • Contact
Search
© 2026 Coindeskk News Network. All Rights Reserved.
What's New

Coin Center presses Senate to keep dev protections in BRCA bill

Crypto
Last updated: February 19, 2026 2:08 am
Crypto
Published: February 19, 2026
Share
Coin Center presses Senate to keep dev protections in BRCA bill

Crypto dev liability fears surge after 2025 cases, as Coin Center defends BRCA protections. Summary Coin Center urged the Senate Banking Committee to advance the Blockchain Regulatory Certainty Act, warning that diluting it would chill U.S. blockchain innovation. The Lummis–Wyden bill clarifies that non-custodial developers and infrastructure providers are not money transmitters under federal law if they never control user assets. Recent convictions of Tornado Cash’s Roman Storm and Samourai Wallet’s founders for unlicensed money transmission highlight how unclear rules can expose open-source devs to prison. Coin Center has called on the U.S. Senate Banking Committee to advance legislation that would shield cryptocurrency developers from prosecution when they do not control user funds, according to a letter sent by the advocacy group. The organization warned that removing protections from the Blockchain Regulatory Certainty Act could discourage blockchain innovation in the United States, the letter stated. Representative Tom Emmer first introduced the Blockchain Regulatory Certainty Act in 2018. Senators Cynthia Lummis and Ron Wyden introduced a revised version last month to clarify federal money transmitter rules, according to congressional records. The updated bill seeks to confirm that software developers and blockchain infrastructure providers are not money transmitters if they do not take custody of customer assets. The draft has not yet been marked up or voted on by the Senate Banking Committee, according to lawmakers. In the letter, Coin Center policy director Jason Somensatto compared blockchain developers to internet service providers and cloud hosting companies. Somensatto stated that authorities do not threaten those actors with prison when criminals misuse their systems and argued the same legal standard should apply to blockchain developers who publish code but do not manage user funds. “This is the same type of activity conducted every day by internet service providers, cloud hosting services, router manufacturers, browser developers, and email providers,” Somensatto wrote in the letter. The debate follows several criminal convictions of cryptocurrency developers in the United States in 2025. Courts convicted Tornado Cash developer Roman Storm and Samourai Wallet founders Keonne Rodriguez and Will Lonergan Hill of conspiring to operate an unlicensed money-transmitting business. Judges sentenced Rodriguez to five years in prison and Lonergan Hill to four years, according to court records. Storm is awaiting sentencing. Coin Center stated that weakening the legislation could increase uncertainty for developers working in open-source software. The organization warned that some developers may choose to leave the United States if clear protections are not enacted. Lawmakers continue to review the bill as discussions over digital asset regulation progress in Congress.

Crypto Whales Ditch Outflows Amid Iran Tensions: Discover Their Shocking New Target!
Ethereum price forms a large cup and handle pattern, eyes upside to $3,000 on breakout
Unlock XRP’s Hidden Stability & Cloud Mining’s Future Potential Now!
Binance traders face $1B SAFU pivot into Bitcoin dip‑buying spree
Solana price eyes $57 fibonacci extension, bullish volume fades

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article ETHZilla struggles to find footing as Peter Thiel's Founders Fund exits ETHZilla struggles to find footing as Peter Thiel's Founders Fund exits
Next Article Pump.fun overhauls creator fees, launches trader ‘cashback coins’ Pump.fun overhauls creator fees, launches trader ‘cashback coins’

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
Shiba Inu Plunges: Will It Survive This Critical Test?
Shiba Inu Plunges: Will It Survive This Critical Test?
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin  Deskk

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

© Coindeskk News Network. All Rights Reserved.