Eight major crypto industry associations will issue a joint statement supporting the inclusion of BRCA in market structure legislation."
On June 9, according to encryption journalist Eleanor Terrett, a joint statement from eight major crypto industry associations will be released soon. Uniswap and Jump Crypto will also participate in the statement, expressing support for the inclusion of the Blockchain Regulation Determinism Act (BRCA)."The latest version of the CLARITY Act. Eight major crypto policy groups in Washington, D.C., issued a joint statement calling on Congress to include the Blockchain Regulation Definiteness Act (BRCA) into market structure legislation. These organizations include: DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm. They said the amendment is crucial to protecting software developers and infrastructure providers who do not custody customer funds. The amendment was originally proposed by Tom Emmer and now has bipartisan support from Rep. Ritchie Torres and others. Many in the industry regard this as a basic policy guarantee for DeFi developers. The joint statement called on lawmakers to include BRCA in the CLARITY Act, a House bill on the structure of digital asset markets.
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