The House of America proposed amendments to the framework bill for the crypto market.

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The House Financial Services Committee in America is expected to hold a hearing to review amendments on Tuesday to consider a legal framework bill for the crypto market, with the possibility of adding protective provisions for blockchain developers.

According to the announcement released prior to the meeting, the chair of the French Hill subcommittee has submitted an amendment to the 2025 Digital Asset Market Clarification Act, also known as the CLARITY Act, focusing on “how to handle blockchain developers who do not have control.” The amendment proposes that, under this potential market law, certain blockchain developers or service providers will not be considered as “money transmitters” and therefore will not have to comply with the corresponding registration requirements.

The provisions related to blockchain developers seem to stem from the Legal Certainty for Blockchain Act, which Representative Tom Emmer and a bipartisan group pushed for in May. Many lobbying organizations for the crypto industry, including the Blockchain Association, have urged lawmakers to merge the two bills.

The amendment session on Tuesday is seen as an important discussion and voting step for the adjustments to the CLARITY bill before it is presented to the full House of Representatives. Meanwhile, in the Senate, lawmakers are also preparing to vote on the GENIUS Act, a bill regulating the issuance and operation of payment stablecoins. Senate Majority Leader John Thune is reportedly looking to finalize the passage process this week.

Is there enough bipartisan support to pass both bills?

Congresswoman Maxine Waters, a senior member of the Democratic Party on the Financial Services Committee, has yet to show any signs of supporting the CLARITY bill. Ms. Waters, representing California, held a special hearing on Friday to highlight allegations of corruption related to the relationship between former President Donald Trump and the crypto market.

“No provision in the [CLARITY bill] addresses the illegal activities I have mentioned,” Waters said on Friday. “On the contrary, this bill only legalizes them.”

However, at least one Democratic member who previously supported legislative initiatives related to the crypto market appears willing to support this bill on market structure. Representative Ritchie Torres is currently a co-sponsor of both the CLARITY Act and the Legal Certainty for Blockchain Act.

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