Good news: The Blockchain Regulatory Certainty Act language is in the Senate Market Structure draft. This will protect open source devs from unfit licensure requirements. Getting it into the bills has been Coin Center's top priority in Congress.

They should have invited @NeerajKA to the White House as a representative for crypto twitter. Man of the people.

Yesterday, I testified before Congress on the need to address bad IRS guidance on block rewards. Today, I published the blog below on why Trump's EO on digital assets offers the opportunity to do just that.

Witness Frayer casually likened wrapping ETH on chain to investing in a trust-managed fund. Thankfully, @jasonsomensatto clarified they're nothing alike-and reminded everyone to focus on economic substance in regulation, not surface analogies that can prejudice new technologies.

I will be testifying before Ways & Means tomorrow on the tax treatment of crypto. Some are saying it will be the highlight of Crypto Week. But it’s also @swimNVSL divisionals week and @TheOpen week so I understand if attention is divided. Bit of a scheduling war.🏊‍♂️⛳

Today in the MIT Technology Review, I explain why the Bank Secrecy Act, a Nixon-era law, is no longer fit for a modern era where nearly every financial transaction is trackable without a warrant. Our financial data is among the most sensitive personal information we produce. Indiscriminate financial surveillance such as what we have today is fundamentally at odds with the Fourth Amendment in the digital age.

Perhaps privacy will have a moment

The entire commission turning over in a matter of weeks is pretty wild. Will be interesting to see what happens next. I’m biased towards wanting to see a well functioning agency with a strong bipartisan commission

It’s fun how watching Andor is an interactive experience where you can load up this site after an episode and get promoted actual imperial talking points.

I mean… the mt rushmore of UVA athletics may be 3/4 made up of women swimmers. Then maybe throw Ralph Sampson on there or some laxer that I don’t know.