Written in partnership with the Defi Education Fund
A direct download of this brief is available here.
Blog
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
A ‘Big Beautiful Tax Bill’ with bigger privacy questions.
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
Only the courts or Congress can end this overreach. Here’s how.
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.
Now nearing a vote, revoking the “Broker Rule” is good policy that deserves bipartisan support
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...
Principles for Crypto Legislation
A general introduction to “crypto,” both the underlying technology as well as the larger ecosystem, and a set of principles for legislating in this area to ensure that American rights...
Coin Center supports a new lawsuit to oppose legal reasoning that would require just about everyone in crypto get a money transmission license
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
They are completely different products with different risks and covering self-custody is beyond statutory authority and unconstitutional.
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...