As subscribers to this newsletter are aware, the US Congress has been debating market structure legislation over the past few months. However, crypto policy discussions encompass a wide range of issues beyond this, including taxes, decentralized finance regulations, the upcoming midterm election, and more. The Consensus Miami conference, scheduled to take place next month, will delve into each of these topics in depth.
The crypto industry has undergone significant changes, with the US President signing the first major crypto-specific legislation last year and regulators altering their approach to enforcement actions. Despite recent stagnation in crypto prices, the industry has made notable progress, with proposed rules for stablecoin companies and potential reforms to US crypto tax policy. The Consensus Miami conference will feature discussions with prominent lawmakers, regulators, and industry experts, including Senators Kirsten Gillibrand and Ashley Moody, CFTC Chairman Mike Selig, and White House point man on crypto Patrick Witt.
The event will also include a meetup for those interested in discussing the election and the policy landscape, as well as the Policy & Regulation Summit, which will explore key policy and regulatory issues, such as decentralized finance compliance with anti-money laundering rules and the implications of the Clarity Act. The summit will conclude with a debate on prediction markets, a topic likely to be addressed by the US Supreme Court in the future.