cryptoliberal
Crypto Leaders Push for Senate Vote on Blockchain Protection Bill
Washington D.C.
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USA
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Article discusses U.S. Senate actions on the Digital Asset Market Clarity Act, with references to D.C. political figurescommittees.Wednesday, June 10, 2026
More than sixty top crypto CEOs and founders, representing companies such as Coinbase, a16z Crypto, Uniswap, Solana Labs, Kraken, and Ledger, sent a letter to Senate leaders on June 9. They urged the full Senate to approve H.R. 3633—the Digital Asset Market Clarity Act—while preserving protections for blockchain developers.
Why the BRCA Matters
- Section 604 of the bill, known as the Blockchain Regulatory Certainty Act (BRCA), shields non‑custodial software developers from:
- Bank Secrecy Act duties
- Federal money‑transmission charges
Without the BRCA, signatories argue that the Act would lack the legal certainty needed for U.S. blockchain innovation.
Legislative Journey
| Stage | Status |
|---|---|
| House Pass (July 2025) | 294‑134 bipartisan majority |
| Senate Stalls | Twice; Coinbase withdrew support over a proposed ban on stable‑coin rewards |
| Senate Banking Committee (May 2026) | 15‑9 vote, two Democrats joined Republicans |
| Senate Calendar (June 1) | 60‑75% chance of becoming law this year |
| Presidential Signature | Possible early August |
| Senator Cynthia Lummis | Warned celebration should wait until passage |
Bottom Line
The crypto community’s united front highlights the urgency of clear, developer‑friendly regulation. The upcoming Senate floor vote will determine whether this critical piece of legislation moves forward.
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