Bitcoin Magazine Support The Blockchain Regulatory Certainty Act (BRCA) To Protect Noncustodial Services With a lot of regulatory talk centered around The GENIUS Act and The CLARITY Act (the market structure bill) right now, it’s important that Bitcoin enthusiasts also pay attention to and support The Blockchain Regulatory Certainty Act (BRCA) — H.R. 1747. The act, which was reintroduced to Congress on May 21, 2025 by Rep. Tom Emmer (R-MN) and Rep. Ritchie Torres (D-NY), provides “safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services.” Critical Bitcoin legislation was introduced last week & it needs our support The Blockchain Regulatory Certainty Act (BRCA) by @GOPMajorityWhip and @RitchieTorres protects self-custody developers, miners, and nodes from being classified as money transmitters. Thread pic.twitter.com/cJ8Ogno3h5— Nick Neuman (@Nneuman) May 30, 2025 It also stipulates that no blockchain developer or provider of a blockchain service shall be treated as a money transmitter unless the developers or providers behind the project have control over user funds. This bill is relevant because the developers for both Samourai Wallet and Tornado Cash are currently facing charges for operating unlicensed money transmitter businesses, despite the fact that the developers for neither of these technologies ever had control over user funds. It’s also important because, under the Biden administration, the U.S. Department of Justice (DoJ) didn’t just classify privacy services as money transmitters, but ancillary services such as Lightning nodes, rollup sequencers, and other Bitcoin and blockchain technology, as well. If the BRCA isn’t enacted into law, there is a risk that all Bitcoin and crypto wallets as well as other noncustodial services and technologies will be made illegal and/or subject to KYC/AML laws. While Rep. Emmer and Rep. Torres’ reintroducing this bill is a positive step, the congressmen need our help in making the BRCA a priority for this current Congress. To help, go to SaveOurWallets.org and follow the directions on the website to contact the elected officials that represent your district and state in the federal government and tell them that you would like to see them support the BRCA. But they need our help, we need to make clear that the Blockchain Regulatory Certainty Act is *the* priority this Congress for our space. Go to https://t.co/fXVqSQ2nUv, put in your ZIP code, and make a quick call. It works.— saveourwallets (@saveourwalets) June 3, 2025 If this act doesn’t pass, we will face significant hurdles regarding the scaling of Bitcoin and other blockchains as well as around privacy. Yes, yes, I know some of you are saying to yourselves Bitcoin will win regardless of our actions (or that it’s already won) and that we don’t need to engage with politicians in the process. I’m in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. 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Back the Blockchain Regulatory Certainty Act (BRCA) to safeguard noncustodial services.
