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Digital Identity is broken. The tech to fix it is ready. Here’s how the government can help.

For decades, America has relied on an identity verification system that is costly, intrusive, and ineffective. It fails to stop serious crime, while burdening ordinary people with endless paperwork and...

Tear Down this Walled Garden: American Values and Digital Identity

Financial institutions today are burdened by identity verification frameworks that are simultaneously costly, privacy-invasive, and ineffective at deterring illicit finance. Despite vast surveillance systems built on the foundation of the...

Six months of crypto policy: The good, the bad, and the lingering questions

We’re six months into the new administration and the 119th Congress. So much has happened that it’s difficult to keep it all straight. For clarity, here are the big news...

Response to Senate Banking Committee Digital Asset Market Structure Request for Information

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...

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...

Coin Center Fellow Michael Lewellen is suing the DOJ over their criminalization of software development

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...

The IRS’ midnight broker rule still targets software providers with unfit and unconstitutional KYC requirements

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...

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