Last week, the Congressional Research Service (CRS), which serves as nonpartisan shared staff to congressional committees and Members of Congress and operates solely at the behest of and under the direction of Congress, published “Virtual Currencies and Money Laundering: Legal Background, Enforcement Actions, and Legislative Proposals.”
We were pleased to see that the report cites Coin Center resources four separate times: “Bitcoin: A Primer for Policymakers” twice on the first page, as well as “The Bank Secrecy Act, Cryptocurrencies, and New Tokens: What is Known and What Remains Ambiguous” and “Bitcoin innovators need legal safe harbors.” We will continue to publish materials that advocate for good policy on issues related to public blockchain networks and are glad that they are being read by policymakers.