U.S. bipartisan lawmakers propose a bill to protect blockchain developers from criminal charges

By: rootdata|2026/02/28 18:43:31

0

Share

copy

According to Eleanor Terrett, U.S. Republican lawmakers Fitzgerald (Wisconsin), Cline (Virginia), and Democratic lawmaker Lofgren (California) jointly proposed the "Blockchain Innovation Development Act," aimed at clarifying the applicability of Section 1960 of the Criminal Code.

The bill explicitly states that Section 1960 applies only to entities that control customer funds, rather than developers who merely write code. Previously, in cases like TornadoCash and SamouraiWallet, regulators had applied this provision to non-custodial software developers, leading to a strong backlash from the crypto industry. This bill will provide legal protection for blockchain developers and address the long-standing conflict between crypto innovation and regulation.

You may also like

The little deer live by the water and grass

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring

Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Popular coins

Latest Crypto News

19:44

The Aave governance dispute escalates, ACI releases the "Aave Labs Audit" report, and tensions rise ahead of the $51 million grant proposal

The Aave community governance conflict has escalated again. The Aave Chan Initiative (ACI) and its founder Marc Zeller released an "audit" report targeting Aave Labs on the eve of a vote for a $51 million proposal known as "the largest funding request in Aave's history," sparking widespread discussi...

19:44

Hut 8 Releases 2025 Financial Report: Holds Approximately $1.4 Billion in Cash and Bitcoin Reserves

According to PRNewswire, Nasdaq-listed Bitcoin mining company Hut 8 has released its financial performance report for the full year 2025, which reveals that the company generated $9.6 million in revenue through its hosting services in the fiscal year 2025. As of December 31, 2025, it holds approxima...

19:44

AI-driven cryptocurrency market research platform Finrob has completed a $3.9 million seed round financing, with participation from Maven 11 and others

According to GlobeNewswire, the AI-driven financial and cryptocurrency market research platform Finrob announced the completion of a $3.9 million seed round financing, with participation from Maven 11, Placeholder VC, Node Capital, Archetype, Dispersion Capital, and Fabric Ventures.The company provi...

19:44

The social native prediction market platform Kash has completed a $2 million Pre-Seed round of financing, with participation from Big Brain Holdings and others

According to GlobeNewswire, the social-native prediction market platform Kash announced the completion of a $2 million Pre-Seed funding round, with participation from Big Brain Holdings, Spartan Group, Coinbase Ventures, Kosmos Ventures, Halo Capital, MoonRock Capital, Polaris Fund, and Fabric VC.Th...

19:44

The S&P 500 index futures rose 0.3%, reaching a new intraday high

According to Jinshi reports, the S&P 500 index futures rose by 0.3%, reaching a new intraday high.