Huge news in the fight to protect noncustodial wallets and wallet devs in the US! Section 110 of the amended CLARITY Act now has much of the text of the Blockchain Regulatory Certainty Act (with some improvements, even!)! Context below. One of the biggest challenges with getting any bill through the senate and the house is that they have very limited floor time to actually vote on bills. Wasting it on something narrow is pretty rare, so instead you see omnibus bills go through that cover lots of ground. The CLARITY Act is the famed “market structure” bill that is one of the administration’s priorities in the space. It’s mostly about treatment of securities vs commodities, but it now includes critical language for Bitcoin (and all cryptocurrency L2s)! So…call you congressperson! But this time instead of asking for the BRCA, ask for the CLARITY Act (as currently amended)!