A prominent lawmaker is advancing legislation aimed at safeguarding decentralized finance developers from being regulated like traditional financial institutions simply for writing code. The standalone bill represents a significant push to clarify that blockchain developers shouldn't face banking-level regulatory burdens when participating in DeFi protocols. This legislative effort comes as the broader crypto market structure regulation continues to take shape, with growing recognition that distinguishing between code development and financial intermediation is crucial for fostering innovation. The proposal signals momentum toward more developer-friendly frameworks in the evolving crypto regulatory landscape.