Blockchain Regulatory Certainty Act

HR 3533, the Blockchain Regulatory Certainty Act, creates a legal exemption for most blockchain developers and service providers. It prevents these entities from being classified as money transmitters, financial institutions, or subject to related licensing requirements under federal or state law - unless they personally control users' digital assets. The bill specifically exempts developers who create blockchain software or provide access to blockchain networks (like public ledgers for digital assets), as long as they lack unilateral authority over those assets. This provides regulatory clarity for the industry while preserving existing intellectual property laws and state regulations that align with the bill.