Last week, the Congressional Research Service (CRS), which serves as nonpartisan shared staff to congressional committees and Members of Congress and operates solely at the behest of and under the...
Last week we released a report, A Duty to Answer: Six Basic Questions and Recommendations for the IRS on Crypto Taxes, which examines the state of crypto tax policy in...
Today we are publishing a report on the application of federal income tax laws to cryptocurrencies. The report is focused on the tax uncertainties faced by everyday Americans who use...
U.S. taxpayers lack answers to basic questions about the federal tax and reporting effects of transactions involving cryptocurrencies. Although the Internal Revenue Service has been examining issues related to the...
The Securities and Exchange Commission today released much-anticipated staff guidance “analyzing whether a digital asset is offered and sold as an investment contract, and, therefore, is a security.” What’s new...
For several years now, Coin Center has been at the forefront of analyzing how the novel decentralized properties of cryptocurrency networks match up to securities regulation. Recently, however, every single...
Peter Van Valkenburgh describes various open consensus mechanisms such as proof-of-stake and proof-of-work and takes questions from the committee More information.
Bucking international trends, the Mexican central bank would deny exchanges a sensible path to regulation and deny Mexicans safe access to financial technologies.
The Mexican central bank, acting under authority from a recently enacted fintech law, proposed new regulations last week that would effectively ban cryptocurrency exchanges in the country. This is a...
In it, Massad calls for new regulatory authority from Congress for the SEC or CFTC to supervise cryptocurrency markets: Congress should pass legislation providing the SEC (or alternatively the CFTC)...
A new bill that would require persons accepting payment in cryptocurrencies to check the payor’s identity before going through with the transaction, HB 4371, has been introduced in the Texas...