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Emmer explained that the Blockchain Regulatory Certainty Act “specifically deals with what blockchain-related entities qualify as money tras*mitters” in the United States. If passed in the House of Representatives, the bill “will clear things up by affirming to the blockchain community that if you don’t custody customer funds, you are not a money tras*mitter,” Emmer added.
Crypto bills pass congressional committee in ‘huge win’ for US crypto
The House Financial Services Committee has approved a pair of bipartisan legislation that aim to set out clearer rules for the crypto industry in the United States.
cointelegraph.com
Emmer explained that the Blockchain Regulatory Certainty Act “specifically deals with what blockchain-related entities qualify as money tras*mitters” in the United States. If passed in the House of Representatives, the bill “will clear things up by affirming to the blockchain community that if you don’t custody customer funds, you are not a money tras*mitter,” Emmer added.