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....
Senate Bill Risks Innovation and Free Speech with Stablecoin Ban
While aiming to regulate stablecoins like Terra, the Lummis-Gillibrand bill potentially stifles innovation and breaches First Amendment rights by banning all algorithmic models.
Sens. Cynthia Lummis and Kirsten Gillibrand this week introduced a bill to create a regulatory framework for stablecoins, which is a laudable endeavor. Unfortunately that bill also includes a complete...
Coin Center files court brief in defense of Tornado Cash developer
The publication of Tornado Cash code is clearly protected by the Constitution
Today Coin Center filed an amicus brief in Roman Storm’s ongoing criminal case in the Southern District of New York. In this brief, we help the court cut through the...
Amicus Curiae In Support of Roman Storm’s Motion to Dismiss
A direct download of this brief is available here.
A direct download of this comment is available here. To whom it may concern: Coin Center is an independent nonprofit research and advocacy center focused on the public policy issues...
A direct download of this comment is available here. To whom it may concern: Coin Center is an independent nonprofit research and advocacy center focused on the public policy issues...
While portions of the proposal may be workable, much will depend on how legislation is ultimately drafted
This week, the U.S. Department of the Treasury sent a letter to the heads of the Senate Banking and House Financial Services Committees following a briefing on how Hamas and...