Decoding DeFi: Breaking Down the Future of Decentralized Finance
Testimony before the House Financial Services Committee
Find more information on this hearing here.
Author: Neeraj Agrawal
Is published speech regulated by the CFTC?
Don’t ask the CFTC - they won’t tell you.
This week, the Commodity Futures Trading Commission (CFTC) took a notable action against Uniswap Labs which creates more questions than the answers it provides. This follows a line of CFTC...
Two victories in our fight against unconstitutional financial surveillance.
We won an appeal of the dismissal of our 6050I lawsuit and the draft IRS broker reporting forms no longer include software devs.
Today we’re happy to share two incremental but important victories in our fight to protect the rights of cryptocurrency developers and users. First, Coin Center has won an important appeal...
The Virtual Currency Tax Fairness Act has been Reintroduced in the Senate
The Virtual Currency Tax Fairness Act was introduced by Senator Ted Budd and cosponsored by Senators Kyrsten Sinema, Kirsten Gillibrand, and Cynthia Lummis. The bill creates a sensible de minimis...
It’s an unfortunate habit, but federal agencies tend to announce enforcement actions and rulemakings at the end of the day on Fridays, especially Fridays before a holiday. For crypto, last...
Senate Attaches Controversial Crypto Sanctions Bill to Must-Pass Intelligence Legislation
The Terrorist Financing Prevention Act threatens crypto freedom with new sanctioning powers. Here's why it needs urgent revisions before moving forward.
A version of the Terrorist Financing Prevention Act (TFPA) has been attached to a must-pass intelligence authorization bill in the Senate. We have not written about the TFPA before because,...
New Legislation Proposes Clear Tax Guidelines for Crypto Block Rewards
The bill would make clear that taxes are owed only upon sale or disposition of tokens, not upon receipt of reward
A bill was introduced in Congress which would clarify that taxes on block rewards are not due at the time of acquisition, but instead upon their sale or disposition. The...
DOJ’s New Stance on Crypto Wallets is a Threat to Liberty and the Rule of Law
Sudden DOJ charges against non-custodial wallet developers challenge long-standing U.S. policy on money transmission. It is regulation by criminal enforcement.
It has been the clear and consistent policy of the U.S. government since at least 2013 that cryptocurrency wallet developers and the users of those wallets are not money transmitters....