On June 10, administration officials hosted law enforcement groups at the White House to resolve the provision most likely to block the CLARITY Act from reaching the Senate floor for a vote.
As Eleanor Terrett reported, the meeting drew around 20 attendees over nearly 90 minutes, with developer protections drawn from the Blockchain Regulatory Certainty Act (BRCA) dominating the agenda.
Section 604 of the Senate draft defines a “non-controlling developer or provider” as one lacking the legal right or unilateral ability to control, initiate, or effectuate user transactions without another party’s approval.
Under that definition, the provision limits money-transmitter treatment to parties who actually control or move assets, leaving developers who write distributed-ledger software, provide self-custody tools, or support blockchain infrastructure outside that classification.
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