Svmuu News: Several founders, CEOs, and investors in the crypto industry recently sent a joint letter to Senate leadership, urging them not to weaken the protections for software developers included in the Clarity Act. The letter states that if these protections are removed, the United States could lose developers of relevant technologies. The U.S. Congress is pushing to establish a formal regulatory framework for digital assets. The Senate Banking Committee has advanced the Clarity Act with bipartisan support, and the bill is now poised for a full Senate vote. A key component of the bill is the Blockchain Regulatory Certainty Act (BRCA). This provision stipulates that individuals who solely write open-source software, operate nodes, or assist in verifying transactions—and who have never taken custody of or controlled others’ funds—should not be considered money transmitters under federal law. (CoinDesk)