Eight major crypto industry associations will issue a joint statement in support of incorporating the BRCA into market structure legislation

On June 9th, according to crypto journalist Eleanor Terrett, a joint statement from eight major crypto industry associations is about to be released, and Uniswap and Jump Crypto will also participate in the statement, expressing support for the inclusion of the Blockchain Regulatory Certification Act (BRCA) in the latest version of the CLARITY Act. Eight major crypto policy organizations in Washington, D.C. issued a joint statement calling on Congress to incorporate the Blockchain Regulatory Certification Act (BRCA) into market structure legislation. These organizations include: DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm.
They say the amendment is critical to protecting software developers and infrastructure providers who do not host customer funds. Originally proposed by Tom Emmer, the amendment has bipartisan support from Rep. Ritchie Torres and others. Many in the industry see it as a foundational policy safeguard for DeFi developers. The joint statement calls on lawmakers to include the BRCA in the CLARITY Act, a House bill on the structure of digital asset markets.