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Description

Introduced Blockchain Regulatory Certainty Act (H.R.1747)

On 23 March 2023, the Blockchain Regulatory Certainty Act was introduced in the US House of Representatives. The aim of the Bill is to clarify the regulatory environment of blockchain development by determining that blockchain developers and service providers who do not hold or control user funds are not considered money transmitters, financial institutions, or otherwise subject to licensing or registration requirements.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2023-03-23
under deliberation

On 23 March 2023, the Blockchain Regulatory Certainty Act was introduced in the US House of Represeā€¦