Blockchain Regulatory Certainty Act

Creates a federal safe harbor that generally prevents software creators and service providers for blockchain systems from being treated as money transmitters, financial institutions, or subject to related licensing or registration, unless the provider actually controls users’ digital assets. It defines key terms (like “control,” “blockchain developer,” “blockchain service,” and “digital asset”), preserves existing intellectual property law, and allows States to enforce consistent state laws while blocking state or local laws that would impose inconsistent liability.

The effect is to give developers and infrastructure providers clearer legal protection when they do not custody or control users’ crypto assets, while leaving regulatory authority intact where a party does have control over assets or acts like a money transmitter.