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A group of senators spoke out against protecting the rights of cryptomixer developers, 2026/01/19 16:44:32
Chairman of the US Senate Judiciary Committee Charles Grassley, a member of the Republican Party, and Democratic Senator from Illinois Richard Durbin called on their colleagues to exclude provisions to protect developers from the bill on regulating the crypto market.
In an address to the US Senate Banking Committee, Grassley and Durbin said that the recently introduced Blockchain Regulatory Certainty Act in Congress could complicate the fight against illicit finance. It contains provisions protecting decentralized software developers and cryptomixers, stating that the creation of code is not related to the management of client assets – therefore developers should not be considered remittance operators.
However, senators fear that the bill could condone the movement of illegally obtained funds. The current version of the bill creates a gap in the regulation of decentralized platforms, risking attracting even more criminal organizations that launder money through cryptocurrencies to their clients, the authors of the letter insist. Parliamentarians recalled that criminals constantly use cryptomixers to hide transactions.
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If the bill becomes law, it will become even more difficult to prosecute unlicensed platforms that facilitate anonymized transactions, Grassley and Durbin fear.
Representatives of the legal committee are outraged: the drafters of the bill did not consult with them, and the committee did not have the opportunity to prepare amendments in advance. Grassley and Durbin called on the Senate Banking Committee to remove language from the bill that would prevent law enforcement from prosecuting people who operate illegal money transfer services.
In August, the Southern District of New York court found the developer of the cryptomixer Tornado Cash, Roman Storm, guilty of operating an unlicensed money transfer service, but the jury could not reach a consensus on Storm’s involvement in money laundering through the cryptomixer.
