🚨NEW: In a notable display of unity, eight of the biggest crypto policy organizations in Washington D.C. have issued a joint statement calling on Congress to include the Blockchain Regulatory Certainty Act (BRCA) in market structure legislation.

The groups — @fund_defi, @coincenter @SolanaInstitute, @DigitalChamber, @BlockchainAssn, @crypto_council, @btcpolicyorg and @paradigm — say the amendment is essential to protecting software developers and infrastructure providers who do not custody customer funds.

The amendment, originally introduced by @GOPMajorityWhip and now with bipartisan support from @RepRitchie, is being viewed by many in the industry as a foundational policy safeguard for DeFi developers.

“It’s critically important that we don’t treat open-source developers like traditional financial institutions,” one policy lead told me. “The BRCA draws that line clearly and protects innovation.”

The joint statement urges lawmakers to include the BRCA in the CLARITY Act, the House’s digital asset market structure bill, which is expected to be marked up next week.

Full statement here ⬇️

“We are united in our commitment to protecting the software developers building our financial future.

Today, DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm speak to Congress with one voice: include the bipartisan Blockchain Regulatory Certainty Act (BRCA) in market structure legislation.

As much-needed digital asset regulation develops in the United States, it is critically important to remember that developers creating peer-to-peer, non-custodial software and the infrastructure providers who enable decentralized networks have little in common with traditional financial institutions and should not be treated as such. The BRCA acknowledges this reality and ensures that when software developers or blockchain service providers do not control or custody customer funds, they are not inappropriately required to register as “money transmitting businesses” or liable for failing to do so.

Thank you to Rep. Tom Emmer, Rep. Ritchie Torres, and their staff for their leadership on this issue. We strongly encourage the House of Representatives to include the BRCA in the Digital Asset Market Clarity Act of 2025, and ensure that innovators across America can safely build financial infrastructure here – at home.”