Today, a coalition of 100 signatories join DEF in sending a letter to Congress. Software developer protections are a non-negotiable in digital asset market structure legislation. This critical issue unites us — crypto and tech builders, investors, and advocates.

"We are not going be able to realize the full potential of this technology if people have uncertainty about legal liability in cases where they are completely innocent and just writing code..." explains @patrickjwitt, Executive Director, President’s Council of Advisors for Digital Assets on @CryptoAmerica_ 👏

Concrete evidence that the federal money laundering laws are alive and well in this country - being used appropriately to target a centralized mixing service that *did control funds* and *was easily traced and charged by law enforcement* Highly relevant when we hear people spreading FUD about the Blockchain Regulatory Certainty Act and falsely claiming that it would take away tools for law enforcement to combat illicit finance. justice.gov/usao-edpa/media/…

We @Uniswap know what it takes to build noncontrolling noncustodial software. We also know what regulatory uncertainty and risk feel like. We know what it is like to face unwarranted investigations and lawsuits for building this software. We know others have faced similar risks, and some have chosen to build their protocols and software outside the U.S. as a result. We know how critical the BRCA is to builders of noncontrolling noncustodial software, and we know how important these builders are to the future of America. That is why @haydenzadams has signed this letter along with 60 CEOs and Founders. Read the full letter: t.ly/iXpDU

incredibly obvious to support this and happy to sign this letter. The BRCA explained: money transmission law assumes you hold customer funds. it requires things only a custodian can do: freeze assets, file reports, return money. applied to a developer who ships non-custodial code, it's an impossible standard backed by criminal penalties. the BRCA fixes the mismatch. control funds = regulated intermediary, full stop. write software = developer. nothing about AML changes for anyone who actually custodies money. it survived the house and senate banking markup. the senate should pass it intact.

I joined 60 CEOs and founders in signing a letter to Senate leaders: developer protections are essential to any workable crypto market structure bill. We urge the Senate to pass the Clarity Act with robust developer protections.  Read our full letter: t.ly/iXpDU   @fund_defi

Today, @fund_defi and @SolanaInstitute filed a joint response to @USTreasury 's proposed rule implementing the GENIUS Act’s AML and sanctions compliance framework for stablecoin issuers. Our message is simple: protect DeFi and p2p transactions on public blockchains.

Today, @jack joined 60 CEOs and founders who sent a message to Senate leadership: Pass the Clarity Act with the BRCA intact. Developers who do not control user funds are not money transmitters 👆 Full letter: cdn.prod.website-files.com/6…

I started my career in politics because I believed, in the words of the late great Senator Paul Wellstone, that "politics is about the improvement of people's lives." I chose to build in DeFi because I believed it enabled us to build better systems -- shared systems that give all participants a greater stake in the new economy. And did so as a fully doxxed American — at a moment in this country when I knew that no matter how hard I tried to do it right, I risked ending up in jail or being sued by my own government just for building technology. That is why today, I joined 60 CEOs and founders in signing a letter to Senate leaders expressing that developer protections are essential to any workable crypto market structure bill. On behalf of everyone at @DromosLabs, @VelodromeFi, and @AerodromeFi, we urge the Senate to pass the Clarity Act with robust developer protections. t.ly/iXpDU

7/ There has been a lot of misinformation about what the BRCA does and doesn't do. @fund_defi put together an excellent myth vs. fact that addresses these critiques directly – including how BRCA aligns with existing FinCEN guidance and preserves prosecutors' ability to go after fraud, sanctions evasion, and money laundering. defieducationfund.org/wp-con…

“From core Bitcoin development to novel DeFi smart contract designs, developers need clear legal certainty to openly build, maintain, and contribute to community-driven software projects. For that reason, the Senate must pass the Clarity Act with the BRCA as advanced through Committee, while also preserving the regulatory protections of Clarity Act Section 601 and Senate Agriculture’s Digital Commodity Intermediaries Act Section 207, which clarify when securities and commodities laws apply to software developers and providers.” 👏👏👏

Crypto Executives Urge Congress to Keep Exception for Developers news.bgov.com/bloomberg-gove…

DEF's Policy Lead @glzavatone joined @CryptoAmerica_ on Friday with @EleanorTerrett, @jacqmelinek & @thatgerald. He discussed the importance of software developer protections in market structure legislation and lots more. "There can't be crypto without people building it"

The DEF team selects our favorite 'notable and quotable' in the DeFi Debrief newsletter each week. This week, we acknowledge @BlockchainAssn's letter to Senate Leaders, ft. 160 law enforcement professionals on why we need US crypto regulatory clarity. defieducationfund.substack.c…

Is AI Crashing the Crypto Market? Explaining the Meltdown, Illinois' New Tax, and Why Software Devs Just Got a PAC with @Bitwise Head of Research @RasterlyRock, @AndoniOlta and @glzavatone x.com/i/broadcasts/1nGeLLPYM…

If Clarity passes, it will be the *only* law regulating DeFi *in the world*. Period. @renato_mariotti & I discuss that & so much more -- & we speak to @Sen_Alsobrooks -- on @CoinDesk's The Policy Protocol this week⬇️ youtube.com/watch?v=wbPRV1FY…