HR 528
Blockchain Regulatory Certainty Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Blockchain Regulatory Certainty Act, aims to provide clarity and reduce regulatory burdens for blockchain developers and service providers. It establishes a ‘safe harbor’ that exempts these entities from certain licensing and registration requirements typically applied to money transmitters and financial institutions, as long as they don’t control consumer funds. The bill clarifies definitions related to blockchain technology and seeks to ensure that existing laws regarding criminal activity and intellectual property remain intact.
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