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Treasury just withdrew crypto surveillance rule proposals long opposed by Coin Center
Today, the Department of Treasury is clearing two long-pending cryptocurrency rules off the books that Coin Center has fought against for years: the Financial Crime Enforcement Network’s (FinCEN’s) proposed rules...
The proposed BRCA changes are a tough pill to swallow
The Senate is scheduled for a pivotal vote on the Clarity Act tomorrow, and in an effort to secure the 60 votes needed for passage, the drafters have made last-minute...
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...
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...
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...