As this newsletter's readers are aware, the US Congress has been debating market structure legislation for the past few months. However, crypto policy discussions encompass a broader range of issues, including taxes, decentralized finance regulations, the upcoming midterm election, and state-specific approaches. CoinDesk's Consensus Miami conference will delve into these topics in depth. The crypto industry has made significant strides, with notable policy changes and shifts in regulatory enforcement.
Last year, the US President signed the first major crypto-specific legislation, and regulators have since changed their approach. The industry is now seeking tax reform, hoping for a de minimis exemption for crypto transactions, and awaiting the outcome of the market structure bill.
The Consensus Miami conference will feature leading lawmakers, regulators, and industry experts, including Senators Kirsten Gillibrand and Ashley Moody, and CFTC Chairman Mike Selig. The event will also host a policy summit, exploring key issues such as decentralized finance compliance, tax regulations, and the role of states in the sector. The conference will conclude with a debate on prediction markets, a topic likely to be addressed by the US Supreme Court. With the midterm election approaching, the crypto industry is engaging with the election and preparing for the new Congress.
The Consensus Miami conference will provide a platform for industry experts to discuss these issues and more.