Bitcoin developer protections face tougher path over next two years as technical understanding lags

US legislation protecting Bitcoin developers faces a tougher path over the next two years, with policymakers’ understanding of the technology remaining central to the debate. A key issue is whether developers who do not hold users’ funds should be held responsible for those users’ activities. In a Bitcoin Magazine interview on November 4, Zach Cohen, senior associate at the Bitcoin Policy Institute, said the chances of securing developer protections in legislation over the next two years had fallen substantially after the Clarity Act stalled in the Senate. He said the setback would not stop the institute’s efforts to explain the technology to policymakers. Cohen identified the Senate’s cloture requirement as a major obstacle: ending debate to advance to a vote requires 60 votes, a threshold the Clarity Act never reached.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.