No, the new BRCA does not strip protections under Section 1960. It just omits explicit reference to Section 1960.
However, the text makes clear that 1960 (b)(1)(A) and (b)(1)(B) prosecutions of non-custodial developers and providers are foreclosed by inapplicability of licensing requirements. And it is silent on (b)(1)(C), although IMO suggests that “transmission,” under all applicable statutes, requires custody/control of assets.
So treating this as a “rug pull” is incorrect and unhelpful.
🚨BRCA Changes in the New Clarity Act
New BRCA strips out the proposed §1960 protections, leaving developers with regulatory exemptions but substantially less certainty against criminal prosecution.
TLDR: Rug pull.
Redlines vs last BRCA below.
Goodnight, and good luck.