This was a big week for cryptocurrency in DC. On Tuesday, members of Congress and over 50 representatives from the crypto industry convened at the Library of Congress for a...
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Rep. Davidson Hosts a Roundtable on Cryptocurrencies
Over 50 members of the cryptocurrency industry convened to discuss their regulatory concerns around ICOs
Members of Congress and over 50 representatives from the crypto industry convened at the Library of Congress for a roundtable entitled “Legislating Certainty for Cryptocurrencies.” The event was organized by...
Three pro-cryptocurrency bills are being introduced in Congress
The Congressional Blockchain Caucus is growing and its new co-chair is taking steps to make life easier for cryptocurrency developers and users
Update - 1/14/2019: The Blockchain Regulatory Certainty Act has been reintroduced by Reps. Emmer and Soto. We applaud this bipartisan approach. Today Representative Emmer from Minnesota's 6th congressional district and Representative...
Several members of Congress have sent a letter to the IRS calling for cryptocurrency tax clarity.
Today's letter, published by House Ways and Means Committee Chairman Kevin Brady, calls on the agency to “expeditiously issue more robust guidance clarifying taxpayers’ obligations when using virtual currencies.” It is...
How can Cryptographic Proofs Provide a Guarantee of Financial Solvency?
Rather than relying on auditors, technology could allow anyone to independently verify that cryptocurrency businesses are behaving well on an ongoing basis.
The “Expert Views” series of publications allows legal and technical practitioners in the cryptocurrency space to share their insight and opinions on cutting edge policy questions. The views expressed here...
In a recent op-ed, Comptroller Otting rightly celebrates competition between state and federal regulators and describes the existing dual banking system: “Since 1863, the United States has benefited from a...
Welcome to the party, Blockchain Association
New trade association gives cryptocurrency industry a voice in DC
Today it was announced that several companies in the crypto industry (many among Coin Center’s supporters) have formed a trade association—the Blockchain Association—to advocate on behalf of the industry. We...
The Federal Reserve of St. Louis has published an excellent paper on payment systems and privacy.
Research Fellow Charles Kahn explains why financial privacy is important irrespective of concerns over illicit transactions, and how privacy is being actively eroded as electronic payment systems replace anonymous cash....
IRS inaction on cryptocurrency can hurt taxpayers, but Congress can help
The agency hasn’t explained how to correctly pay taxes on blockchain forks. People who tried shouldn’t be punished.
Taxpayers who want to do the right thing and pay their fair share of taxes from cryptocurrency transactions are getting little help from the IRS. As Bloomberg recently noted, even...
An updated Framework for Securities Regulation of Cryptocurrencies
The latest version of this groundbreaking report accounts for major changes in the landscape over the past year
Today we release an updated version of our Framework for Securities Regulation of Cryptocurrencies. Our original framework was published back in January of 2016, and it was based on a...