As subscribers to this newsletter are aware, Congress has been debating market structure legislation for the past few months, but discussions around crypto policy encompass a wide range of issues, including taxes, decentralized finance regulations, the upcoming midterm election, and more. CoinDesk's Consensus Miami conference will delve into each of these topics in depth. This newsletter examines the intersection of cryptocurrency and government, and you can sign up for future editions here.

Recent conversations have highlighted the significance of policy changes in the digital asset space. Last year, U.S. President Donald Trump signed the first notable crypto-specific legislation, and regulators have since shifted their approach to enforcement actions.

Congress has been focused on the finer details of issues like stablecoin yield treatment, indicating that the crypto industry has become a mainstream player. Despite some setbacks this year, including stagnant crypto prices and time running out for Congress to pass market structure legislation, there are positive developments, such as regulators proposing rules for stablecoin companies and lawmakers considering reforms to U.S.

crypto tax policy. The industry is seeking tax reform, including a de minimis exemption for crypto transactions, and is looking ahead to the November election, which will determine the next Congress. At Consensus Miami, leading lawmakers, regulators, and industry experts will gather to discuss these topics.

The conference will feature a Policy & Regulation Summit, which 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 its implications for the crypto industry. The summit will conclude with a debate on prediction markets, a topic likely to be considered by the U.S.

Supreme Court. To join the conversation, email nik@coindesk.com or find the author on Bluesky @nikhileshde.bsky.social. You can also join the group conversation on Telegram.