SATOSHI NEEDS YOU

TO SAVE OUR WALLETS

Protect your right to transact freely. Support Section 109 of the CLARITY Act to ensure wallet freedom and protect developer rights.

Why Section 109 Matters

Section 109 of the CLARITY Act protects the fundamental tools that make Bitcoin sovereign and censorship-resistant

Ensures Wallet Freedom

Section 109 of the CLARITY Act guarantees that your favorite wallet stays available by shielding service providers who don't control user assets from overburdensome regulations they can't comply with anyway.

Protects Developer Rights

The bill removes unnecessary licensing costs while maintaining appropriate oversight where needed, ensuring developers can continue building innovative financial tools.

Balanced Approach

Keeps America competitive while protecting consumers by providing clear legal protections for non-custodial wallet development and usage.

Industry Leaders Speak

Why section 109 is critical for software developers.

Without clear legal protections, we risk losing the very tools that make bitcoin sovereign and censorship-resistant. Section 109 of the CLARITY Act is critical to ensure that building or using non-custodial wallets isn't treated like a crime. If we don't act, innovation will leave the United States — and with it, our financial freedom.
Matt CoralloBitcoin Core Developer

What Is Happening

The leading market structure bills moving through Congress could leave US persons prohibited from utilizing non-custodial wallets and service providers.

The long-standing view of FinCEN (the regulator for money transmission) has been that wallets and services that do not have control over user assets are not "money transmitters" since they cannot transmit what they do not control. The Biden DOJ decided to charge developers for this anyway.

This has led to some wallets and services banning United States customers creating a chilling effect that has prevented many new wallets from coming to market.

If we don't fix the law, more wallets and Americans will be pushed towards custodians in poorly-regulated jurisdictions who censor transactions they don't like, exposing many more Americans to rug-pulls.

What The Bill Does

Section 109 of the CLARITY Act protects from impossible licensing and registration requirements blockchain developers and service providers who:

Don't control consumer funds

Clear protection for non-custodial services

Only provide software or computing services

Protects developers and infrastructure providers

Don't act as financial intermediaries

Maintains appropriate oversight where needed

This clarity helps encourage innovation while ensuring appropriate oversight of actual financial services. This bill is short and direct, you can read the full bill text for yourself.

Read The Bill

Congressional Leaders Speak

Why the CLARITY Act is critical for U.S. industry.

For too long, federal regulators and lawmakers have jammed the blockchain ecosystem into statutory definitions that just do not make sense. It should be simple: If you don't custody consumer funds, you aren't a money transmitter. My bill provides that necessary confirmation for the blockchain community.
Tom EmmerCongressman (House Majority Whip)

Contact Your Representatives

Tell them you support Section 109 of the CLARITY Act!

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