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Crypto Developers Could Get Long-Term Shield Under New Senate Bill

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TL;DR:

US Senators Cynthia Lummis and Ron Wyden introduced a standalone measure that would protect blockchain developers and other non-custodial infrastructure providers from being treated as money transmitters solely for writing code or maintaining networks. The bill is being filed as the Blockchain Regul...

Key Points:

  • Crypto Developers Could Get Long-Term Shield Under New Senate Bill
  • Involves SOL cryptocurrency
  • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence SOL price action and market sentiment in the near term.

    Crypto Developers Could Get Long-Term Shield Under New Se... | NewsCR