As subscribers to this newsletter are aware, Congress has been engaged in debates over market structure legislation in recent months. However, discussions around crypto policy encompass a wide range of issues, including taxation, regulations for decentralized finance, the upcoming midterm elections, and more. CoinDesk's Consensus Miami conference will delve into each of these topics in depth.
The past year has seen significant developments in crypto policy, with the US President signing the first major crypto-specific legislation and regulators altering their approach to enforcement actions. The crypto industry has made substantial progress, with lawmakers considering reforms to US crypto tax policy and proposing rules for stablecoin companies.
The industry is now seeking tax reform, a de minimis exemption for crypto transactions, and is looking ahead to the November elections. The Consensus Miami conference will bring together leading lawmakers, regulators, and industry experts to discuss these issues. The Policy & Regulation Summit will explore key policy and regulatory issues, including decentralized finance compliance with anti-money laundering rules, taxes in the new 1099-DA era, and the Clarity Act. Sessions will also focus on the 2026 midterm election and the crypto industry's engagement with it.
The summit will conclude with a debate on prediction markets, discussing whether they are a form of gambling or a novel financial instrument, and who should regulate them.