ChainCatcher News, U.S. Congressman Tom Emmer stated on his social media that his proposed Blockchain Regulatory Certainty Act has just passed the House Financial Services Committee. This bill codifies key Treasury Department guidelines established during the Obama administration and revised during the Trump administration, ensuring that developers and non-custodial service providers in the crypto space (miners, validators, wallet providers) are not classified as Money Transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. (Source link)