Solana Institute warns Senate against CLARITY Act cuts
BLOCKCHAIN

Solana Institute warns Senate against CLARITY Act cuts

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Solana Institute has formally urged U.S. senators to keep the core provisions of the CLARITY Act intact as the legislative calendar points toward an August push for Senate consideration.

Legislative Momentum

President Kristin Smith of the Solana Institute emphasized on X on June 15, 2026 that the Blockchain Regulatory Certainty Act (BRCA) language embedded in the CLARITY Act must remain unchanged. She noted that the bill is poised to reach the Senate floor shortly, and any amendment could jeopardize regulatory certainty for the blockchain sector.

Safeguarding Non‑Custodial Actors

The BRCA clause clarifies that developers, node operators, and validators who do not hold customer funds should not be classified as money transmitters under U.S. law. This distinction draws a clear line between open‑source infrastructure providers and entities that directly control user assets, echoing the Treasury Department’s FinCEN guidance from the previous year.

Industry Backing

Prominent founders, CEOs, and investors across the blockchain market signed a unified letter to Senate leaders, urging lawmakers not to dilute the protections outlined in the act. Their collective appeal underscores the demand for legal clarity that supports both innovators and investors within the Solana ecosystem.