DeFi Under Threat? U.S. Crypto Leaders Push Back with Major Policy Move
8 top crypto policy groups just fired a shot — and it could decide the future of #DeFi in the U.S.
A powerful coalition, including Coin Center, Solana Policy Institute, #Blockchain Association, and Paradigm, just issued a joint statement to Congress.
Their mission?
👉 Get the Blockchain Regulatory Certainty Act (BRCA) added to the upcoming Digital Asset Market Clarity Act of 2025.
This isn’t just politics — it’s survival.
What’s the BRCA & Why Does It Matter?
The #BRCA is a bipartisan bill backed by Rep. Tom Emmer and Rep. Ritchie Torres.
It aims to:
✔️ Protect non-custodial developers
✔️ Shield DeFi infrastructure providers
✔️ Make sure builders aren’t treated like banks or money transmitters
In simple terms:
“If you don’t hold user funds, you’re NOT a money transmitter. Period.”
That’s the message — loud and clear.
Why This Could Change Everything
Without this legal clarity:
⛔ Open-source developers could face serious legal risks
⚠️ U.S. innovation could be pushed overseas
📉 Investors could lose access to safe, decentralized tools
And that’s exactly why groups like the DeFi Education Fund, Bitcoin Policy Institute, and the Chamber of Digital Commerce are rallying now.
🇺🇸 What’s Next?
Congress is set to revise the Digital Asset Market Clarity Act next week.
The crypto community is watching closely to see if BRCA makes the cut.
Because this isn’t just a policy tweak —
It’s about protecting the very foundation of DeFi in America.
Final Thoughts
Want DeFi to thrive in the U.S.?
Then this bill needs to pass — full stop.
📣 Follow @CryptoPatel for live updates on crypto law and DeFi regulation
💬 What’s your take — Should devs be treated like banks?
🔁 Repost this if you believe open-source should stay free and fearless
