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U.S. Lawmakers Introduce Bill to Shield Blockchain Developers From Criminal Liability

U.S. Lawmakers Introduce Bill to Shield Blockchain Developers From Criminal Liability

Author:

Global Cryptocurrency

Published:

2026-03-01 11:08:02

15

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BTCCSquare news:

A bipartisan group of U.S. lawmakers has proposed the Promoting Innovation in Blockchain Development Act, aiming to clarify legal protections for blockchain software developers. The bill seeks to limit criminal liability under Section 1960 to parties with direct custody or control of user assets, explicitly excluding non-custodial open-source developers.

Industry advocates argue the legislation could prevent overreach in prosecuting crypto developers, citing recent cases that created regulatory uncertainty. Parallel efforts are underway in the Senate to address developer protections as Congress grapples with broader digital asset regulation frameworks.

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