As noted in this newsletter, the US Congress has been engaged in debates over market structure legislation for crypto, but the scope of crypto policy discussions extends far beyond this single issue, encompassing topics such as taxation, decentralized finance regulations, the upcoming midterm elections, and more. CoinDesk's Consensus conference in Miami will delve into each of these areas in depth.
The crypto industry has made significant strides, with last year seeing the first major crypto-specific legislation signed into law by US President Donald Trump, and regulators altering their enforcement approach. Despite current challenges, including stagnant crypto prices and time constraints for Congress to pass legislation, the industry remains optimistic, with potential reforms to US crypto tax policy and the proposal of rules for stablecoin companies based on the GENIUS Act. The Consensus Miami conference will bring together key figures, including lawmakers, regulators, and industry experts, to discuss these issues and more, including the Policy & Regulation Summit, which will explore compliance with anti-money laundering rules, tax implications, and the impact of the Clarity Act.
Sessions will also focus on the 2026 midterm election and its implications for the crypto industry. The conference will conclude with a debate on prediction markets, a topic likely to be considered by the US Supreme Court.