CLARITY Act's Scaled-Back Developer Protections Draw Crypto Industry Disappointment
The US crypto industry is expressing disappointment over the removal of protections for blockchain developers from the CLARITY Act.
Eleanor Terrett, host of Crypto in America, notes that the new law omits provisions shielding developers from criminal liability, which were included in the Blockchain Regulatory Certainty Act.
The absence of these protections has left industry participants feeling let down, although they do not see it as a deal-breaker for the entire bill.