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Support The Blockchain Regulatory Certainty Act

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Tell them your peer-to-peer transaction rights matter!

WHY THE BLOCKCHAIN REGULATORY CERTAINTY ACT MATTERS

01

Ensures Wallet Freedom

The BRCA 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.

02

Protects Developer Rights

The bill removes unnecessary licensing cost while maintaining appropriate oversight where needed.

03

Balanced Approach

Keeps America competitive while protecting consumers.

Without clear legal protections, we risk losing the very tools that make bitcoin sovereign and censorship-resistant. The BRCA 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 β€” and with it, our financial freedom.

Matt CoralloBitcoin Core Developer
Matt Corallo

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.

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)
Congressman Tom Emmer

WHAT THE BILL DOES

The Blockchain Regulatory Certainty Act creates a safe harbor from licensing and registration requirements for blockchain developers and service providers who:

01

Don't control consumer funds.

02

Only provide software or computing services.

03

Don't act as financial intermediaries.

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

TAKE ACTION NOW

Your voice matters! Tell your representatives why clear, fair blockchain regulation is necessary to continue innovating in this increasingly important space.

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