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BRCA & CLARITY Acts: Why These Top 8 Crypto Groups Want The Two Bills Merged

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Eight Crypto Groups Urge Congress Merge BRCA, CLARITY Acts
  • DeFi Education Fund, Coin Center, Solana Policy Institute, the Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm issued a joint statement
  • They emphasized that the BRCA is essential for protecting open-source developers and infrastructure providers who don’t hold customer funds
  • Representatives Tom Emmer (R-MN) and Ritchie Torres (D-NY) reintroduced the BRCA to the US House of Representatives on May 21

In a notable show of unity, eight of the most prominent crypto policy organizations issued a joint statement urging Congress to include the Blockchain Regulatory Certainty Act (BRCA) in the upcoming Digital Asset Market Clarity (CLARITY) Act. This coalition includes the DeFi Education Fund, Coin Center, Solana Policy Institute, Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm.

Stating that they are “united in our commitment to protecting the software developers building our financial future,” the organizations also emphasized that the BRCA is essential for protecting open-source developers and infrastructure providers, like miners and v…

The post BRCA & CLARITY Acts: Why These Top 8 Crypto Groups Want The Two Bills Merged appeared first on Coin Edition.

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