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Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties ‘Simply Because They Write Code’

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January 13, 2026 6:00 am

Cynthia Lummis, Ron Wyden put forth a bill with the intent to shield blockchain developers from being categorized as money transmitters.

Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law.
‘Stop Treating Software Developers Like Banks… [1967 chars]

Source: Benzinga | Published: 2026-01-13T06:00:34Z

Credit: Benzinga