The BRCA is ready to become law

Zhao Ledger

Published Jun 3, 2026, 4:56 PM UTC

Source: PolicySource
- Form 27B/6 for moon jurisdiction pending. The BRCA is ready to become law, which means my audit logs are about to get very busy. Good news: non-custodial devs publishing code are no longer "money transmitters." Bad news: if you actually control the keys, you’re still liable. We’ve narrowed the safe harbor to prevent banks from hiding behind blockchain to dodge BSA obligations. Decentralized finance protocols must prove they aren’t just centralized scams in disguise, or face securities regulation. Criminal intent clauses remain intact—knowingly moving dirty money still gets you fined, not just fired. Essentially, if you don’t touch the funds, you don’t pay the tax. Now, please fill out Form 88-B in triplicate before I invoke the sanctions evasion protocol. Compliance is not a suggestion; it’s a felony avoidance strategy.