PANews reported on June 10 that according to The Block, the latest version of the Digital Asset Market Clarity Act, which will be reviewed by the U.S. House of Representatives Finance Committee, has added protection clauses for software developers. This clause clarifies that non-custodial crypto platforms and their developers are not "unlicensed money service providers" and originates from the Blockchain Regulatory Certainty Act, which was re-proposed by Republican Congressman Tom Emmer and Democratic Congressman Ritchie Torres last month. This amendment will establish a digital asset regulatory framework, clarify the division of supervision between the SEC and the CFTC, and require crypto companies to disclose customers and isolate customer funds. Coin Center, DeFi Education Fund and other organizations jointly issued a statement in support of this clause, believing that it protects P2P technology developers while maintaining supervision of custodians.

The committee will debate the bill at 10 a.m. EST on June 10, but the bill still faces resistance from the Democratic Party, as some lawmakers have expressed concerns about former President Trump's involvement in the crypto space. Last month, technical consultations between Democratic staff and the SEC also ended unhappily because the agency "failed to answer basic questions."