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Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties 'Simply Because They Write Code'

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Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law. ‘Stop Treating Software Developers Like Banks’ The Blockchain Regulatory Certainty Act aims…

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