Bitcoin Magazine Bitcoin and Crypto Advocates Warn Congress: Protect Developers or Lose Industry Support

The DeFi Education Fund has penned a letter to the U.S. Senate Banking Committee with support from over 110 crypto builders, investors and advocates urging Congress to “provide robust, nationwide protections for software developers and noncustodial service providers in market structure legislation.”

The letter, which has been signed by the Bitcoin Policy Institute, the Blockchain Association and the Digital Chamber to name a few of the signatories, states that crypto market structure legislation must protect developers if the broader industry is to support it.

“Without such protections, we cannot support a market structure bill,” reads the letter.

The letter draws a line between the

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