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The CLARITY fight is bigger than crypto. It’s revealing the case for more control of the internet.
A recent op-ed’s critique of the developer protections in the CLARITY Act rests on an appealing slogan: “Accountability follows power.” But the provisions the author, Carole House, attacks embody precisely...
Non-prosecution promises are not enough: Courts must rule on devs and money transmission
Michael Lewellen has filed his opening brief in the Fifth Circuit, arguing that software developers like him face a credible threat of prosecution for unlicensed money transmission and deserve a...
The BRCA is ready to become law
Coin Center has advocated for a safe harbor from money transmission licensing and liability since 2016. That effort began to bear fruit when Representatives Tom Emmer and Darren Soto introduced...
Continuing the fight for developer rights with appeal to Fifth Circuit
Michael Lewellen has filed a notice of appeal in Lewellen v. Garland to the U.S. Court of Appeals for the Fifth Circuit, seeking review of the district court’s March 25...
Treasury’s GENIUS report is encouraging but there is still work to be done
Introduction On March 6, pursuant to the GENIUS Act, the Department of Treasury published its report to Congress on “Innovative Technologies to Counter Illicit Finance Involving Digital Assets.” For background,...
Senate market structure negotiations must not sacrifice hard won developer protections
For months, Coin Center has advocated for two critical parts of the market structure legislation being debated in the Senate. The House crafted a non-partisan bill, Clarity, that was carefully...
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...
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...
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
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...