Eleanor Terrett Confirms Blockchain Regulatory Certainty Act Remains Unchanged

Eleanor Terrett has confirmed that the Blockchain Regulatory Certainty Act (BRCA) remains unchanged from the version that cleared the Senate Banking Committee in May. This legislation clarifies that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters simply for maintaining decentralized networks. This information was shared in a tweet dated July 22, 2026.

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The crypto sector is currently navigating a complex regulatory landscape, with the BRCA providing crucial clarity for developers and service providers. The act specifically states that non-custodial software developers are not to be treated as money transmitters, ensuring that they can operate without the burdens of traditional financial regulations. Additionally, the Lummis-Grassley amendment remains intact, which upholds existing federal criminal liability for individuals who knowingly facilitate illicit transactions. Furthermore, the Keep Your Coins Act continues to guarantee individuals’ rights to self-custody their cryptocurrencies, bolstering user autonomy during a time of increasing scrutiny on digital assets.

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