US lawmakers propose bill to protect blockchain developers from criminal liability
The US Congress has introduced the Promoting Innovation in Blockchain Development Act of 2026, aiming to shield blockchain coders who do not control user funds from criminal prosecution. This move is significant for fostering blockchain industry growth in the country.
The bill clarifies the application of Section 1960 of the US Criminal Code, stating that criminal liability should only apply to those who manage and transfer other people's assets. The proponents believe this will strengthen the position and development of blockchain technologies in the United States.
The legislation is expected to create a more favorable environment for innovation and improve safety standards for developers in the blockchain sector.
