<p class="p1"><span class="s1">A new cryptocurrency-focused political action committee has emerged, this time with an exclusive focus on protecting software developers as midterm elections quickly approach.</span></p>
<p class="p1"><span class="s1">On Wednesday, the Defend Developers PAC debuted, backed by executives and policy leads from the DeFi Education Fund, the Solana Policy Institute and Uniswap Labs. </span></p>
<p class="p1"><span class="s1">Over the past year, those groups have been pushing for software developer protections, particularly in a larger cryptocurrency market structure bill, called the Clarity Act, in the Senate.
Central to that effort is the </span><span class="s2">Blockchain Regulatory Certainty Act (BRCA), which would clarify that non-custodial developers are not money transmitters. </span></p>
<p class="p3"><span class="s3">While BRCA was included in the version of the Clarity Act approved by the Senate Banking Committee last month, a late-stage <a href="https://www.theblock.co/post/401375/decisive-turning-point-crypto-industry-cheers-clarity-act-progress-ethics-questions-linger-next-vote"><span class="s4">compromise</span></a> to secure Democratic support removed language that would have extended protections to Section 301 of the bill, which addresses Bank Secrecy Act-related sanctions requirements.</span></p>
