PANews reported on August 27th that, according to The Block, over 100 cryptocurrency entities are calling on lawmakers to protect software developers as they consider how to regulate the digital asset industry. The DeFi Education Fund (DEF), along with the Blockchain Association, the Chamber of Digital Commerce, Stand with Crypto, and several crypto companies, including Coinbase, Paxos, and Uniswap Labs, urged Senate committee leadership to include relevant requirements in market structure legislation, stating that they could not support a market structure bill without the requested protections. The letter was sent to the leadership of the Senate Banking and Agriculture Committees, two committees that play a key role in the development of cryptocurrency legislation. Cryptocurrency stakeholders said Wednesday that both the House and Senate versions of market structure legislation need language to protect self-custody and the ability to engage in peer-to-peer transactions, and urged the inclusion of such changes. They said: "These protections must clearly state that no person or entity should be regulated solely for participating in the core activities of creating, developing, launching, and maintaining a blockchain network, or for allowing users to access such a network through a software interface while maintaining custody of their own funds."PANews reported on August 27th that, according to The Block, over 100 cryptocurrency entities are calling on lawmakers to protect software developers as they consider how to regulate the digital asset industry. The DeFi Education Fund (DEF), along with the Blockchain Association, the Chamber of Digital Commerce, Stand with Crypto, and several crypto companies, including Coinbase, Paxos, and Uniswap Labs, urged Senate committee leadership to include relevant requirements in market structure legislation, stating that they could not support a market structure bill without the requested protections. The letter was sent to the leadership of the Senate Banking and Agriculture Committees, two committees that play a key role in the development of cryptocurrency legislation. Cryptocurrency stakeholders said Wednesday that both the House and Senate versions of market structure legislation need language to protect self-custody and the ability to engage in peer-to-peer transactions, and urged the inclusion of such changes. They said: "These protections must clearly state that no person or entity should be regulated solely for participating in the core activities of creating, developing, launching, and maintaining a blockchain network, or for allowing users to access such a network through a software interface while maintaining custody of their own funds."
Over 100 crypto entities jointly call on US lawmakers to protect software developers when regulating the crypto industry
PANews reported on August 27th that, according to The Block, over 100 cryptocurrency entities are calling on lawmakers to protect software developers as they consider how to regulate the digital asset industry. The DeFi Education Fund (DEF), along with the Blockchain Association, the Chamber of Digital Commerce, Stand with Crypto, and several crypto companies, including Coinbase, Paxos, and Uniswap Labs, urged Senate committee leadership to include relevant requirements in market structure legislation, stating that they could not support a market structure bill without the requested protections. The letter was sent to the leadership of the Senate Banking and Agriculture Committees, two committees that play a key role in the development of cryptocurrency legislation.
Cryptocurrency stakeholders said Wednesday that both the House and Senate versions of market structure legislation need language to protect self-custody and the ability to engage in peer-to-peer transactions, and urged the inclusion of such changes. They said: "These protections must clearly state that no person or entity should be regulated solely for participating in the core activities of creating, developing, launching, and maintaining a blockchain network, or for allowing users to access such a network through a software interface while maintaining custody of their own funds."
Market Opportunity
PlaysOut Price(PLAY)
$0.06721
$0.06721$0.06721
USD
PlaysOut (PLAY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Lucid to begin full Saudi manufacturing in 2026
Lucid Group, the US carmaker backed by the Public Investment Fund (PIF), reportedly plans to start full-scale vehicle manufacturing in Saudi Arabia this year, transitioning
Share
Agbi2026/01/15 15:52
Exploring Market Buzz: Unique Opportunities in Cryptocurrencies
In the ever-evolving world of cryptocurrencies, recent developments have sparked significant interest. A closer look at pricing forecasts for Cardano (ADA) and rumors surrounding a Solana (SOL) ETF, coupled with the emergence of a promising new entrant, Layer Brett, reveals a complex market dynamic. Cardano's Prospects: A Closer Look Cardano, a stalwart in the blockchain space, continues to hold its ground with its research-driven development strategy. The latest price predictions for ADA suggest potential gains, predicting a double or even quadruple increase in its valuation. Despite these optimistic forecasts, the allure of exponential gains drives traders toward more speculative ventures. The Buzz Around Solana ETF The potential introduction of a Solana ETF has the crypto community abuzz, potentially catapulting SOL prices to new heights. As investors await regulatory decisions, the impact of such an ETF on Solana's value could be substantial, potentially reaching up to $300. However, as with Cardano, the substantial market capitalization of Solana may temper its growth potential. Why Layer Brett is Gaining Traction Amidst established names, a new contender, Layer Brett, has started to capture the market's attention with its early presale stages. Offering a low entry price of just $0.0058 and promising over 700% in staking rewards, Layer Brett presents a tempting proposition for those looking to maximize returns. Comparative Analysis: ADA, SOL, and $LBRETT While both ADA and SOL offer stable investment choices with reliable growth, Layer Brett emerges as a high-risk, high-reward option that could potentially offer significantly higher returns due to its nascent market position and aggressive economic model. Initial presale pricing lets investors get in on the ground floor. Staking rewards currently exceed 690%, a persuasive incentive for early adopters. Backed by Ethereum's Layer 2 for enhanced transaction speed and reduced costs. A community-focused $1 million giveaway to further drive engagement and investor interest. Predicted by some analysts to offer up to 50x returns in coming years. Shifting Sands: Investor Movements As the crypto market landscape shifts, many investors, including those traditionally holding ADA and SOL, are beginning to diversify their portfolios by turning to high-potential opportunities like Layer Brett. The combination of strategic presale pricing and significant staking rewards is creating a momentum of its own. Act Fast: Time-Sensitive Opportunities As September progresses, opportunities to capitalize on these low entry points and high yield offerings from Layer Brett are likely to diminish. With increasing attention and funds being directed towards this new asset, the window to act is closing quickly. Invest in Layer Brett now to secure your position before the next price hike and staking rewards reduction. For more information, visit the Layer Brett website, join their Telegram group, or follow them on X by clicking the following links: Website Telegram X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Share
Coinstats2025/09/18 18:39
United Kingdom Trade Balance; non-EU declined to £-11.457B in November from previous £-10.255B
The post United Kingdom Trade Balance; non-EU declined to £-11.457B in November from previous £-10.255B appeared on BitcoinEthereumNews.com. Gold loses ground after
Share
BitcoinEthereumNews2026/01/15 16:23