US senators introduce bipartisan bill to clarify digital asset rules

U.S. Senators Ron Wyden and Cynthia Lummis have introduced a standalone bipartisan bill, the Blockchain Regulatory Certainty Act (BRCA), according to reporter Eleanor Terrett. The bill's provisions were previously introduced in the House by the Republican Majority Leader and included in the Crypto-Asset National Security Enhancement and Enforcement (CLARITY) Act. The legislation aims to protect the rights of developers to write code and of individuals to self-custody their digital assets. The BRCA is currently being discussed for inclusion in the Senate's negotiations on a market structure bill, but its incorporation into the final version is uncertain.