CoinWorld reports that Eleanor Terrett disclosed that Republican lawmakers Fitzgerald( from Wisconsin) and Cline( from Virginia), along with Democratic lawmaker Lofgren( from California), jointly introduced the "2026 Blockchain Development and Innovation Act," aimed at clarifying the scope of Criminal Law Section 1960. The bill explicitly states that Section 1960 applies only to entities controlling customer funds, not to developers who simply write code. Previously, in cases like TornadoCash and SamouraiWallet, regulators applied this provision to non-custodial software developers, sparking strong backlash from the crypto industry. This bill will provide legal protection for blockchain developers and address the long-standing conflict between crypto innovation and regulation.

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