House Majority Whip Tom Emmer emphasizes bipartisan support for the Blockchain Regulatory Certainty Act, aiming to clarify the status of blockchain developers as non-money transmitters.
House Majority Whip Tom Emmer is actively seeking additional Senate Democratic support for his Blockchain Regulatory Certainty Act, which aims to clarify that blockchain developers and infrastructure providers are not classified as money transmitters if they do not host funds. Emmer has characterized the bill as a bipartisan initiative, highlighting the importance of establishing clear regulations to protect both Americans and innovators in the blockchain space.