As this newsletter's readers are likely aware, Congress has been debating market structure legislation for months, but the scope of crypto policy discussions extends far beyond a single issue, encompassing topics such as taxes, decentralized finance regulations, the upcoming midterm election, 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 U.S. President Donald Trump signing the first substantial crypto-specific legislation and regulators adopting a new approach to enforcement actions. The crypto industry has solidified its presence, with ongoing discussions on market structure bills, stablecoin yield, and tax reforms. The industry is now seeking a de minimis exemption for crypto transactions and hoping for a market structure bill that won't overly burden the industry, all while looking ahead to the November elections.
Consensus Miami will bring together prominent figures, including Senators Kirsten Gillibrand and Ashley Moody, regulators like CFTC Chairman Mike Selig, and Congressional staffers, to discuss these topics. The conference will feature a Policy & Regulation Summit, exploring key policy and regulatory issues, including decentralized finance compliance with anti-money laundering rules, taxes in the 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 event 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.