Linda Jeng(@LindaJeng1):The BRCA's whole purpose is that publishing open-source software is not operating an unlicensed money transmitter. The current draft already keeps criminal liability for anyone who specifically intends to move known-criminal funds. That is the right line. This proposal deletes that intent line and leaves non-controlling developers exposed to federal criminal prosecution for what other people do on open infrastructure. It adds no tool against bad actors. It just criminalizes building.

Linda Jeng

@LindaJeng1

Chief Legal & Policy Officer, @Aave Labs | Visiting Scholar, Georgetown Law | Prev. Fed, SEC, OCC, Treasury, Senate, BIS, Crypto Council | opinions = my own

Joined January 2020

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Linda Jeng@LindaJeng1

2026.07.30 17:49

The BRCA's whole purpose is that publishing open-source software is not operating an unlicensed money transmitter. The current draft already keeps criminal liability for anyone who specifically intends to move known-criminal funds. That is the right line. This proposal deletes that intent line and leaves non-controlling developers exposed to federal criminal prosecution for what other people do on open infrastructure. It adds no tool against bad actors. It just criminalizes building.