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BRCA Remains Unchanged, Providing Crucial Clarity for Crypto Developers

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The Blockchain Regulatory Certainty Act (BRCA) remains unchanged from its version that cleared the Senate Banking Committee in May, according to Eleanor Terrett. This legislation provides crucial clarity for developers and service providers by clarifying that non-custodial software developers are not treated as money transmitters simply for maintaining decentralized networks.

The Lummis-Grassley amendment remains intact, upholding existing federal criminal liability for individuals who knowingly facilitate illicit transactions. The Keep Your Coins Act also continues to guarantee individuals' rights to self-custody their cryptocurrencies, bolstering user autonomy during a time of increasing scrutiny on digital assets.

Eleanor Terrett confirmed the BRCA is unchanged from the prior version in a tweet dated July 22, 2026. This clarity provided by the BRCA is likely to have a stabilizing effect on certain sectors within the crypto market, particularly for developers and service providers who rely on non-custodial solutions.

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