U.S. bipartisan lawmakers introduce bill to protect blockchain developers from criminal charges

DeepFlowTech · 2026-02-26T15:40:45+00:00

U.S. Republican and Democratic lawmakers jointly introduced the "2026 Blockchain Development and Innovation Act," aimed at defining the scope of Section 1960 of the Criminal Code, which applies only to entities controlling customer funds, protecting blockchain developers, and alleviating the conflict between regulation and crypto innovation.

DeepFlowTech

2026-02-26 15:40:45

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Deep Tide TechFlow News, February 26 — According to Eleanor Terrett, U.S. Republican lawmakers Fitzgerald (Wisconsin) and Cline (Virginia), along with Democratic lawmaker Lofgren (California), jointly introduced the “2026 Blockchain Development and Innovation Act,” aimed at clarifying the scope of Section 1960 of the Criminal Code. The bill explicitly states that Section 1960 applies only to entities controlling customer funds, not to developers who simply write code. Previously, in cases involving TornadoCash and Samourai Wallet, regulators applied this provision to non-custodial software developers, sparking strong backlash from the crypto industry. The bill will provide legal protection for blockchain developers and address long-standing conflicts between crypto innovation and regulation.

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