A quick analysis of FATF’s 2021 draft cryptocurrency guidance

An undemocratic process results in stronger calls for even more mass warrantless surveillance

The Financial Action Task Force (FATF) has released an updated draft of its “Guidance for a Risk-based Approach to Virtual Assets and Virtual Asset Service Providers (VASPs).” Several proposed changes...

Coin Center uses additional time provided by FinCEN to file another comment in ongoing surveillance rulemaking

Any expansion of automated surveillance on innocent transactions would be unacceptable

Today we filed our third comment in FinCEN’s “midnight” rulemaking. Thanks in large part to the efforts of the community and a massive outpouring of comment letters, we managed to...

Additional Comments to the Financial Crimes Enforcement Network on Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets

Read the blog post accompanying this comment here.  A direct download of this comment is available here.  

Grayscale is matching donations to Coin Center up to $1 million

The outpouring of support for our work is going strong.

Grayscale Investments, the world’s largest digital currency asset manager, has made an incredibly generous donation of $1 million to support Coin Center’s policy advocacy mission. In addition to that, Grayscale...

Coin Center files second comment in FinCEN rulemaking challenging its authority to make the surveillance rule

The authority FinCEN cites for having the power to make this rule change is completely specious

Today is the final day to file a comment in FinCEN’s midnight rulemaking. If that gives you a twinge of deja vu, it should. January 4th was originally listed as...

Supplemental Comments to the Financial Crimes Enforcement Network on Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets

A direct download of this comment is available here.  

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...

Comments to the Financial Crimes Enforcement Network on Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets

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...