What's Hot

    Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder

    February 27, 2026

    Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

    February 27, 2026

    Lawmakers Move to Shield Crypto Developers From Federal Prosecution

    February 27, 2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Crypto News: Latest Cryptocurrency News and Analysis
    • Home
    • Business

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Cryptocurrency Prices Today: Bitcoin Up Over $47,000, Ether Rises 3%

      February 3, 2021
    • Technology
      1. Business
      2. Insights
      3. View All

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder

      February 27, 2026

      Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

      February 27, 2026

      Lawmakers Move to Shield Crypto Developers From Federal Prosecution

      February 27, 2026

      US$3 Billion in ‘Idle’ XRP Heads to DeFi as Xaman and Flare Streamline Access

      February 27, 2026

      Bitcoin Climbs as Elon Musk Says Tesla ‘Likely’ to Accept it Again

      March 16, 2021

      Can Cryptocurrency Be Hacked, Stolen Or Scammed? How Can You Be Safe?

      February 11, 2021

      How Investors Can Get In On Crypto Without Actually Buying Any

      February 4, 2021

      Ethereum Just Underwent a Major Change – Hence, The 25% Jump in a Week!

      February 4, 2021
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

      February 27, 2026

      Lawmakers Move to Shield Crypto Developers From Federal Prosecution

      February 27, 2026

      US$3 Billion in ‘Idle’ XRP Heads to DeFi as Xaman and Flare Streamline Access

      February 27, 2026

      Bloomberg and Kaiko Bring Licensed Financial Data Onchain to Power Tokenised Markets

      February 27, 2026

      Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder

      February 27, 2026

      Can Ethereum’s Strawmap propel it to $10,000 by 2029?

      February 26, 2026

      Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

      February 26, 2026

      Bitcoin surged toward $69,000 after a brutal flush, but Glassnode says one level decides if it fades

      February 26, 2026

      STRK price outlook as Starknet prepares to launch strkBTC, a shielded Bitcoin for private transactions

      February 26, 2026

      WLFI price prediction as World Liberty Financial proposes governance overhaul

      February 26, 2026

      Toncoin (TON) price heavily oversold as Telegram introduces Vaults in TON Wallet

      February 26, 2026

      KCS token price outlook as KuCoin taps Zypto for everyday crypto payments

      February 26, 2026

      2026-W Proof Silver Eagle Debuts With Dual Date, “250” Privy

      February 26, 2026

      2026 Congratulations Set Brings Low-Mintage Philly Proof

      February 24, 2026

      U.S. Mint to Attend ANA National Money Show, Feb. 26–28

      February 23, 2026

      Mega Red Guide Book of U.S. Coins 10th Edition Released

      February 23, 2026

      Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder

      February 27, 2026

      Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

      February 27, 2026

      Lawmakers Move to Shield Crypto Developers From Federal Prosecution

      February 27, 2026

      US$3 Billion in ‘Idle’ XRP Heads to DeFi as Xaman and Flare Streamline Access

      February 27, 2026
    • Markets
    • Get In Touch
    Crypto News: Latest Cryptocurrency News and Analysis
    Home » Lawmakers Move to Shield Crypto Developers From Federal Prosecution
    Bitcoin

    Lawmakers Move to Shield Crypto Developers From Federal Prosecution

    行政By 行政February 27, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    • A bipartisan group of US House lawmakers has co-sponsored a bill designed to prevent criminal prosecution of software developers who code blockchain apps but do not control users’ crypto assets. 
    • The bill clarifies that breaches of the federal criminal code related to unlicensed money transmission operations would only apply to developers with custody of digital assets.
    • The move has long been called for in the crypto industry and has drawn support from major crypto advocacy groups

    A new bipartisan bill introduced into the US House of Representatives aims to protect American blockchain software developers from criminal prosecution.

    The ‘Promoting Innovation in Blockchain Development Act’ was jointly introduced on Thursday by Republican Representatives Scott Fitzgerald and Ben Cline, together with Democrat Zoe Lofgren.  

    Congressman Ben Cline, who represents Virginia, tweeted that the bill “restores needed clarity by protecting developers who don’t control customer funds, while ensuring law enforcement can continue to target real criminals.”

    For too long, federal overreach has blurred the line between bad actors and the innovators building next-generation technology.

    Rep. Ben Cline

    The bill specifies that coders who don’t take custody of, or control, customer money are not subject to prosecution under Title 18 US Code 1960 — which makes it a federal crime to operate an unlicensed money transmitting business. 

    Similar protections for coders were included in the crypto market structure bill (a.k.a. CLARITY Act), but that legislation has been delayed in Congress and it’s unclear what its final form will be. Speculative betting markets like Polymarket put the odds of the bill passing this year at over 50%, but Ripple’s  CEO recently said it was even more likely.

    Related: CLARITY Act Likely To Be Signed Into Law Before The End of April: Ripple CEO

    Developer Protections Welcomed by Industry

    Developer liability has been in focus in a number of high-profile crypto project criminal cases. Tornado Cash co-founder Roman Storm was convicted of operating an unlicensed money transmitting business in 2025. He has yet to be sentenced.

    The jury is still out on whether Storm can be considered a ‘bad actor’ or an ‘innovator’ — Tornado Cash is a privacy protocol and ‘mixer’ that lets people anonymise the source of their transactions, which has been a boon for crims looking to launder ill-gotten gains.  

    The crypto industry has widely called for developers to be exempt from such legal action. The Solana Policy Institute said that Storm’s case was “not an isolated dispute” in an open letter in January. 

    Related: Tornado Cash Creator Found Guilty on One Charge, Crypto Community Eyes Appeal

    “It is a test of whether the United States will continue to support and lead in open innovation – or whether fear and misinterpretation will drive builders out of the system entirely,” the Institute said.

    News of the ‘Promoting Innovation in Blockchain Development Act’ has been welcomed by industry bodies. Washington-based crypto research non-profit Coin Center said it was a “long-needed response to the DOJ’s wrongful prosecutions of developers in the Tornado Cash and Samourai Wallet cases.”

    The US Blockchain Association called it a “critical step to ensure the United States remains the best place in the world to build.”

    This targeted clarification, which is aligned with existing Treasury guidance, is essential to ensuring that developers of non-custodial technologies are not exposed to misdirected criminal enforcement.

    Blockchain Association

    Blockchain,Cryptocurrency,Law#Lawmakers #Move #Shield #Crypto #Developers #Federal #Prosecution1772181827

    Crypto developers Federal Lawmakers move Prosecution Shield
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    行政
    • Website

    Related Posts

    Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

    February 27, 2026

    US$3 Billion in ‘Idle’ XRP Heads to DeFi as Xaman and Flare Streamline Access

    February 27, 2026

    Bloomberg and Kaiko Bring Licensed Financial Data Onchain to Power Tokenised Markets

    February 27, 2026

    Axiom Employees Exposed For Insider Trading After Latest ZachXBT Investigation Drops

    February 27, 2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    January 20, 2021

    Jack Dorsey Says Bitcoin Will Unite The World

    January 15, 2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder

    February 27, 2026

    Industry Urges Bold Action to Secure the Australian Dollar’s Digital Future

    February 27, 2026

    Lawmakers Move to Shield Crypto Developers From Federal Prosecution

    February 27, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook Twitter Instagram Pinterest
    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 ThemeSphere. Designed by WPfastworld.

    Type above and press Enter to search. Press Esc to cancel.