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NOT RATED

10 current headlines from Coin Center.

Non-prosecution promises are not enough: Courts must rule on devs and money transmission

Developer Lewellen lays out what’s at stake for open-source speech and user privacy The post Non-prosecution promises are not enough: Courts must rule on devs and money transmission appeared first on…

Jul 2

Congress must understand: Block rewards are newly created property, not income.

Some proposals merely defer income tax treatment for miners and stakers without doing anything about the underlying misconception The post Congress must understand: Block rewards are newly created pro…

Jun 22

Testimony on Digital Asset Taxation before the House Ways & Means Committee

Director of Policy Jason Somensatto testified before the House Ways & Means Committee to discuss tax issues facing the users of digital assets today. Some issues discussed were: A de minimus exemption…

Jun 9

Comment to FinCEN on AML/CFT Programs

A PDF version of this filing is available here. To whom it may concern: Coin Center is an independent nonprofit research and advocacy center focused on the public policy issues facing cryptocurrency t…

Jun 9

Comment to FinCEN and OFAC on PPSI AML/CFT and Sanctions Program Requirements

A PDF version of this filing is available here. To whom it may concern: Coin Center is an independent nonprofit research and advocacy center focused on the public policy issues facing cryptocurrency t…

Jun 9

The BRCA is ready to become law

The BRCA’s final text reflects the concerns of skeptics while preserving the protection non-custodial developers need. The post The BRCA is ready to become law appeared first on Coin Center.

Jun 3

The BRCA survived Clarity’s markup. Do not give it up now.

Coin Center is encouraged by the advancement of the Clarity Act through the Senate Banking Committee with the Blockchain Regulatory Certainty Act (BRCA) included and not undermined by ill-conceived am…

May 14

Letter in support of the Digital Asset Market Clarity Act

A PDF version of this filing is available here. Dear Chairman Scott, Ranking Member Warren, Chairman Lummis, and Ranking Member Gallego: On behalf of Coin Center, I write to express our support for th…

May 13

The Wash-Sale Rule Would Break Crypto Tax Compliance

The legal and practical case against extending the tax code’s wash-sale rule to crypto The post The Wash-Sale Rule Would Break Crypto Tax Compliance appeared first on Coin Center.

Apr 24

Letter to the SEC regarding First Amendment limits on jurisdiction

A PDF version of this filing is available here. Dear Chair Atkins and Commissioner Peirce, This letter addresses a threshold issue for the Commission’s approach to digital assets: the First Amendment…

Apr 21