A direct download of this comment is available here.
Author: Neeraj Agrawal
Congress warns Treasury on unusually short cryptocurrency short rulemaking
Bipartisan group of 9 members send letter to Sec. Mnuchin expressing concern over poorly considered rule
Closing 2020 out with a bang, a bipartisan group of members of Congress joined in the chorus of protests to the process by which the Department of Treasury is seeking...
Join us in responding to an unfair and discriminatory midnight rulemaking
Our comment to FinCEN and an opportunity for you to make your voice heard
Today we are publishing our comment in Treasury’s midnight reporting and recordkeeping rulemaking. We’ve worked diligently to have this comment ready as soon as possible so that it can hopefully...
A direct download of this comment is available here.
A Midnight Rule for Cryptocurrency Transaction Reports
FinCEN rulemaking announces a rushed, mostly technology-neutral reporting requirement
Over the last year we’ve watched as Switzerland, Singapore, and the Netherlands have taken a technology-specific approach to regulating transactions involving so-called “unhosted” wallets. We’ve seen the Financial Action Task...
The Unintended(?) Consequences of the STABLE Act
On purpose or not, the bill could turn even node operators into criminals
The recently introduced STABLE Act aims to ban any stablecoin that is not issued by a federal bank. Yes, any stablecoin irrespective of whether it is issued by a state-regulated...
How I Learned to Stop Worrying and Love Unhosted Wallets
Former DOJ AML Chief considers the unintended consequences of unhosted wallet restrictions and the regulatory benefits of cryptocurrency adoption
Over the past year, governments around the world have expressed concern about the risks of illicit financial activities such as money laundering, terrorist financing, and the evasion of international sanctions...
Any new regulation must consider not just the direct cost to regulated entities, but the cost to individuals and society.
A direct download of this comment is available here.
How an open patents alliance can protect all cryptocurrency developers
On the Coin Center Tangents podcast this week I talked to Kirupa Pushparaj (who runs the intellectual property practice at Square) about the Crypto Open Patents Alliance. If you’re part...
There’s no such thing as a decentralized exchange
Lately, there’ve been days when crypto trading volume through decentralized exchanges (DEX) has outstripped volume on major centralized exchanges. Last year in Coin Center’s report on constitutional law and decentralized exchange,...