[gruez]

comment from a previous discussion: https://news.ycombinator.com/item?id=28075226

>the following categories do not count as brokers:

>(A) validating distributed ledger transactions

>(B) selling hardware or software for which the sole function is to permit a person to control private keys which are used for accessing digital assets on a distributed ledger, or

>(C) developing digital assets or their cor- responding protocols for use by other persons, provided that such other persons are not cus- tomers of the person developing such assets or protocols.

[jcranmer]

That's Wyden's amendment to this amendment. The amendment in question here is saying that a "broker" now includes anyone

> responsible for and regularly providing any service effectuating transfers of digital assets

(incidentally, I don't see how category (B) or even category (C) from Wyden's amendment could be reasonable construed as being included in the original text--those are products not services. I will concede that I can see how category (A) can be construed, although I doubt it would be so construed).

[Also note that "digital assets" is defined elsewhere in the amendment, although the news media didn't report on the precise text for digital asset, so I don't have it handy. But it's basically a reasonable definition.]