<div id="readability-page-1"><div>Authored by Frank Corva via BitcoinMagazione.com,In the U.S. Senate Banking Committee’s most recent version of the CLARITY Act, Bitcoin and crypto developers would be protected from being charged with operating an unlicensed money transmitting business moving forward — and retroactively.<img height="261" width="500" src="https://imageproxy.pbkrs.com/https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Senator-Cynthia-Lummis-Senate-Ba.jpg/query-aXRvaz1xQWgta3B4Yw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Senator-Cynthia-Lummis-Senate-Ba.jpg/query-aXRvaz1xQWgta3B4Yw"/>Senator Cynthia Lummis and her colleagues in the Senate Banking Committee are heeding the call of the Bitcoin and crypto industry to protect developers.On Friday, the U.S. Senate Banking Committee released its latest draft of the CLARITY Act (CLARITY), in which it proposes an amendment to 18 U.S. Code § 1960(a) stipulates that only crypto developers or providers that “knowingly exercise control over currency, funds, or other value that substitutes for currency” be treated as money transmitting businesses.<img height="653" width="500" src="https://imageproxy.pbkrs.com/https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/US-Senate-Banking-Committee-CLAR.jpg/query-aXRvaz1XaWNvY1dBMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/US-Senate-Banking-Committee-CLAR.jpg/query-aXRvaz1XaWNvY1dBMQ"/>The first page of the Senate Banking Committee’s latest version of CLARITY.What is more, this amendment would not only protect Bitcoin and crypto developers in the wake of a bill with this language included in its passing, but it would also protect said developers retroactively.In Section 501 of section Title V of the draft, entitled “Protecting Software Developers and Software Innovation,” it states that “This section, and the amendments made by this section, shall apply to conduct occurring before, on, or after the date of enactment of this Act.”<h2>A Positive Development for Tornado Cash Developer Roman Storm</h2>If this language is included in a version of the bill that is enacted into law, Tornado Cash developer Roman Storm, who wasfound guilty of operating an unlicensed money transmitting business last month, stands to benefit.Storm has alluded to the notion that he plans to appeal the guilty verdict, as perreportingby Eleanor Terrett.If CLARITY becomes law and the language regarding retroactive developer protection is included in the draft of the bill that passes, Storm’s legal team should theoretically have no issue winning at the appellate level.Unfortunately, if CLARITY passes with the retroactive protections included, this will not help the Samourai Wallet Developers, whoaccepted a plea deal for operating an unlicensed money transmitting business in July.<h2>Further Protection for Developers of Noncustodial Crypto Tech</h2>This most recent draft of CLARITY also stipulates that developers or providers of “non-controlling” (noncustodial) crypto technology shall not be treated as money transmitting businesses under 31 U.S. Code § 5330. This would also be applied retroactively.Non-controlling developers are defined as those who create or work on “distributed ledger service(s), that in the regular course of operations, does not have the legal right of the unilateral and independent ability to control, initiate upon demand, or effectuate transactions involving digital assets to which users are entitled, without the approval, consent, or direction of any other third party.”The definition applies to developers of crypto services, software, or hardware that helps customers facilitate the self custody and safekeeping of digital assets.<h2>What Comes Next?</h2>Congress isback in session as of September 2, 2025, and the U.S. Senate Banking Committee plans to continue to prioritize CLARITY, after accepting input on the bill from many members of the crypto industry.“This legislative draft reflects feedback from hundreds of stakeholders on a wide range of questions as part of the Request for Information (RFI) on the July discussion draft,” a spokesperson from the Senate Banking Committee told Bitcoin Magazine. “Chairman Scott, Senator Lummis, and their colleagues will continue working in a bipartisan way to deliver a final product that will protect investors, foster innovation, and keep the future of digital finance anchored in America.”No hearings regarding the bill are currently on the Senate Banking Committee’s calendar.</div>Loading recommendations...</div>

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美国参议院银行委员会最新草案的 CLARITY 法案旨在保护比特币和加密货币开发者，免于被指控经营无牌照的货币传输业务，适用于未来和追溯性。修正案明确规定，只有那些明知控制货币的开发者才会被视为此类开发者。这可能对像 Tornado Cash 的 Roman Storm 这样的开发者有利，他计划对其有罪判决提出上诉。此外，非控制性加密技术开发者也将免于货币传输业务的监管。委员会继续优先推进该法案，并寻求加密行业的意见

新的 CLARITY 法案草案可能会为加密货币开发者提供保护，使其免受过去责任的影响