"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."
"The letter draws a line between the regulatory framework that exists for the "traditional, intermediated financial world" and the world of open-source development, which requires protections for developers so as to not force them into "unworkable regulatory categories.""
"According to the letter, the total share of open source developers based in the United States dropped from 25% in 2021 to 18% in 2025, which is attributed to a "lack of regulatory clarity for software development.""
Over 110 crypto builders, investors, and advocates urge Congress to provide robust, nationwide protections for software developers and noncustodial service providers in market-structure legislation. Signatories include the Bitcoin Policy Institute, the Blockchain Association, and the Digital Chamber. Robust developer protections are required for industry support of any market-structure bill. A distinction is drawn between regulation for the traditional intermediated financial world and open-source development, warning against forcing developers into unworkable regulatory categories. The United States share of open-source developers fell from 25% in 2021 to 18% in 2025, a decline attributed to lack of regulatory clarity. House and Senate drafts of the CLARITY Act incorporate language from the BRCA and the Keep Your Coins Act to protect noncustodial software developers, and those protections must remain explicit so individuals or entities are not regulated solely for core development activities.
Read at Bitcoin Magazine
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