Svmuu News: Senators Cynthia Lummis and Ron Wyden announced that they have reintroduced a bipartisan bill aimed at clarifying the specific circumstances under which crypto developers and infrastructure providers are considered money transmitters under federal law. The bill, known as the Blockchain Regulatory Certainty Act, seeks to distinguish between developers who write or maintain blockchain software and financial intermediaries that control customer funds. According to the bill, developers and infrastructure providers will be excluded from the federal definition of money transmitters as long as they do not possess the legal right or unilateral ability to move users’ digital assets. Cynthia Lummis stated that developers who merely write code and maintain open-source infrastructure should not be classified as money transmitters if they do not handle, control, or have access to user funds. Ron Wyden noted that requiring developers who write code to follow the same rules as exchanges or brokers is technically unfeasible and could infringe upon privacy and freedom of speech.