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Crypto Regulation

Emmer Warns BRCA Changes Would Drop Criminal Liability Safe Harbor

US House Republican Whip Tom Emmer said at the Solana Institute summit that he is concerned about amendments to the Blockchain Regulatory Certainty Act, telling Kristin Smith he dislikes that the changes effectively abandon the criminal liability safe harbor. Emmer, the bill’s original sponsor who first introduced it in the House in 2018, said he worries local prosecutors would increasingly weaponize the issue.

Original source

AI take

Emmer's objection matters because it comes from the bill's original sponsor, not an outside critic, signaling that the legislative vehicle he once built may now be moving away from its core premise. The criminal liability safe harbor was the provision that gave developers a defined boundary; narrowing it shifts discretion toward local prosecutors, which is precisely the fragmentation risk Emmer flags. The open question is whether his opposition stalls the amended text or simply marks a split between the House and Senate versions.

Generated by AI for reference only.

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