397 results filtered by
Torres and Emmer Reintroduce the Blockchain Regulatory Certainty Act
This week, Representatives Ritchie Torres (D-NY) and Majority Whip Tom Emmer (R-MN) reintroduced the Blockchain Regulatory Certainty Act (BRCA)—a bipartisan bill that offers essential clarity for developers, miners, stakers, and...
An amendment to the GENIUS act would give the President unchecked power over open source software
Senator Jack Reed has submitted an amendment to the GENIUS Act in the Senate that would overturn the Tornado Cash sanctions ruling in the Fifth Circuit, and explicitly give the...
What the Proposed 5% Remittance Tax Means for Crypto Users
Over the past few months the new Congress and Administration have shown that they can approach crypto regulation with deliberation and respect for process: the repeal of the broker rule...
When Prosecutors Ignore the Regulators
A recent court filing in the Samourai Wallet case lays bare something deeper than a misapplication of the law. It shows a breakdown in the trust that software developers and...
To End ‘Regulation by Prosecution’ Drop These Three Cases
In 2023 and 2024 the DOJ pursued investigations and brought crypto prosecutions that no one would have expected. They unjustly targeted non-custodial wallet and protocol developers and massively chilled innovation...
It’s time for Congress to kill the broker rule.
We anticipate that Congress will soon vote on a joint resolution to revoke the IRS’s unconstitutional December broker rule.1 The December rule obligates mere software and infrastructure providers to identify...
Today Coin Center Fellow and smart contract security expert Michael Lewellen filed suit against the Department of Justice for their chilling interpretation of the unlicensed money transmission criminal statutes. Coin...
New CFPB rulemaking makes no distinction between custodial and self-custody wallets
Today the CFPB released a new notice of proposed rulemaking (NPRM) on “Electronic Fund Transfers Through Accounts Established Primarily for Personal, Family, or Household Purposes Using Emerging Payment Mechanisms.” In...
It has become a quadrennial holiday tradition in crypto policy for the outgoing administration to release a civil-liberties-damaging rulemaking at the last possible moment, the midnight period before a new...
If Budget Reconciliation is used for Tax Provisions, Crypto should be Included
In the wake of a political sea change in Washington, Republicans have begun discussing tax changes for next year. The discussion centers around a process known as “budget reconciliation” and...