{"id":67448,"date":"2026-01-13T06:20:14","date_gmt":"2026-01-13T06:20:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67448"},"modified":"2026-01-13T06:20:14","modified_gmt":"2026-01-13T06:20:14","slug":"cynthia-lummis-introduces-bill-to-safeguard-crypto-developers-from-money-transmitter-rules-argues-against-penalties-simply-because-they-write-code","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67448","title":{"rendered":"Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties &#8216;Simply Because They Write Code&#8217;"},"content":{"rendered":"<div>\n<p>Sen.\u00a0<strong>Cynthia Lummis<\/strong>\u00a0(R-Wyo.)\u00a0and Sen.\u00a0<strong>Ron Wyden<\/strong>\u00a0(D-OR)\u00a0put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as\u00a0money transmitters under federal law.<\/p>\n<h2 class=\"wp-block-heading\">\u2018Stop Treating Software Developers Like Banks\u2019<\/h2>\n<p>The\u00a0Blockchain Regulatory Certainty Act aims to exempt \u201cnon-controlling\u201d software developers and infrastructure providers\u00a0from federal money transfer requirements.<\/p>\n<p>Non-controlling developers are defined as those who develop or maintain blockchain-based ledgers but lack the legal authority to control transactions without third-party approval.<\/p>\n<p>The bill also designated offering hardware or software for customer self-custody solutions and infrastructure support to maintain distributed ledger services as \u201cprotected\u201d activities.<\/p>\n<p>\u201cThis &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/49865360\/cynthia-lummis-introduces-bill-to-safeguard-crypto-developers-from-money-transmitter-rules-?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Cynthia\" lummis introduces bill to safeguard crypto developers from money transmitter rules argues against penalties because they write code>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sen.\u00a0Cynthia Lummis\u00a0(R-Wyo.)\u00a0and Sen.\u00a0Ron Wyden\u00a0(D-OR)\u00a0put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as\u00a0money transmitters under federal law. \u2018Stop Treating Software Developers Like Banks\u2019 The\u00a0Blockchain Regulatory Certainty Act aims to exempt \u201cnon-controlling\u201d software developers and infrastructure providers\u00a0from federal money transfer requirements. Non-controlling developers are defined as those who [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67448","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67448"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67448\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}