As subscribers to this newsletter are aware, the US Congress has been engaged in debates over market structure legislation for the past few months. However, crypto policy discussions encompass a wide range of issues beyond this, including taxation, decentralized finance regulations, the upcoming midterm elections, and more.
CoinDesk's Consensus Miami conference will delve into each of these topics in depth. The intersection of cryptocurrency and government is becoming increasingly important, with significant policy changes taking place in the digital assets space. Last year, the US President signed the first major crypto-specific legislation, and regulators have shifted their approach to enforcement actions. Congress has been discussing the finer details of issues like stablecoin yield treatment.
The crypto industry has made notable progress, with electoral wins and soaring bitcoin prices. Although the current year has seen stagnant crypto prices and economic stresses, regulators are proposing rules for stablecoin companies, and lawmakers are considering reforms to US crypto tax policy. The industry is seeking tax reform, a de minimis exemption for crypto transactions, and is hoping for the market structure bill to become law without overly burdening the industry. The Consensus Miami conference will bring together leading lawmakers, regulators, and industry experts to discuss these issues.
The event will feature a Policy & Regulation Summit, exploring 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 conference will conclude with a debate on prediction markets, a topic likely to be addressed by the US Supreme Court.