Eleanor Terrett Says BRCA Keeps Key Protections for Developers and Self-Custody

Eleanor Terrett said BRCA remains consistent with the version passed by the Senate Banking Committee in May. According to NS3.AI, the bill still protects non-custodial software developers and blockchain infrastructure providers from being treated as money transmitters solely for building or maintaining decentralized networks. The measure also keeps language covering self-custody, stablecoin yields, law enforcement funding, and the treatment of customer assets in bankruptcy.