The Crypto Tax Bill Gets Block Rewards Wrong
The House Ways and Means Committee is considering a crypto tax bill today that addresses many of Coin Center’s priorities. There are thoughtful provisions we support, including continued progress on...
66 results filtered by
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...
Congress wants answers on agency surveillance of Americans’ bank accounts
On August 10, 2026, Senator Ron Wyden (D-OR) and Representatives Warren Davidson (R-OH), Pramila Jayapal (D-WA), and Andy Biggs (R-AZ) wrote a letter to the Acting Comptroller General for the...
Congress must understand: Block rewards are newly created property, not income.
Mining bitcoin creates new property. The Bitcoin software permits those who successfully validate transactions to create new coins for themselves. There are currently more than 20 million bitcoins in circulation,...
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...
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...
Coin Center director of policy Jason Somensatto testified on fair tax treatment for block rewards and de minimis crypto transactions. Hearing information is available here. Jason's testimony is available here....
It’s time to pass the CLARITY Act
Coin Center supports the passage of the Digital Asset Market Clarity (CLARITY) Act of 2025 and will continue engagement with Congress to ensure that final market structure legislation upholds Coin...
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...