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Eight U.S. Crypto Groups Announce BRCA’s Inclusion in New CLARITY Act Draft
- On June 5, eight major U.S. crypto organizations, including Uniswap and Jump Trading, issued a joint statement endorsing the Blockchain Regulatory Certainty Act .
- The BRCA amendment, first proposed by GOP Majority Whip Tom Emmer on May 21, secured bipartisan backing and was subsequently incorporated into the revised CLARITY Act introduced by Chairman French Hill on May 29.
- The BRCA aims to clarify legal treatment for non-custodial developers and infrastructure providers by ensuring they are not regulated like traditional financial institutions that handle customer funds.
- A policy lead highlighted the importance of differentiating open-source developers from conventional financial institutions, noting that the BRCA clearly establishes this distinction and safeguards innovation.
- The joint statement signals growing industry consensus that the CLARITY Act carefully balances protecting innovation with maintaining oversight of custodial financial services for blockchain technologies.
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World News
Bitcoin Ethereum NewsEight U.S. crypto groups announce BRCA’s inclusion in new CLARITY Act draft
Eight major U.S. crypto industry associations announced in a joint statement on Monday that the Blockchain Regulatory Certainty Act (BRCA) has been included in the newly introduced version of the CLARITY Act. The associations said the initiative is a step forward to protecting developers of non-custodial, peer-to-peer technologies while maintaining strong oversight of custodial financial institutions. The group that the updated bill reflects a c…
Aclarion Adds UHealth, University of Miami Miller School of Medicine as CLARITY Trial Site – Ortho Spine News
UHealth — University of Miami Health System and the University of Miami Miller School of Medicine provide world-class research and renowned clinical expertise in spine surgery CLARITY is a prospective, randomized clinical trial designed to demonstrate Nociscan’s ability to improve surgical outcomes for chronic low back pain Nociscan aims to become the gold standard in identifying sources of low back pain through MR Spectroscopy (MRS) and Augmente
CLARITY Act May Influence Bitcoin Regulation Amid Bipartisan Support and Pending Amendments
The CLARITY Act introduces a comprehensive US crypto regulation framework aimed at clarifying token classification and enhancing consumer protection. While the bill enjoys bipartisan support, concerns persist regarding its initial
Uniswap, Jump and Leading Crypto Trade Associations To Issue Statement in Support of Blockchain Regulatory Certainty Act: Report – The Daily Hodl – MAXBIT
Leading crypto firms Uniswap, Jump Trading and the Blockchain Association will soon issue a joint statement supporting the Blockchain Regulatory Certainty Act (BRCA), according to crypto reporter Eleanor Terrett. Terrett tells her 238,200 followers on the social media platform X that the statement is “imminent.” “NEW: I’m hearing that a joint statement is imminent from...
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