As this newsletter's readers may know, Congress has been debating market structure legislation for months, but crypto policy discussions encompass a broader range of issues, including taxes, decentralized finance regulations, the upcoming midterm election, and state-level developments. CoinDesk's Consensus Miami conference will delve into these topics in depth. The crypto industry has made significant strides, with the US President signing the first major crypto-specific legislation last year and regulators changing their enforcement approach. Despite current market stagnation, the industry remains committed to seeking tax reform, a de minimis exemption for crypto transactions, and a market structure bill that does not overly burden the industry.
The Consensus Miami conference will feature leading lawmakers, regulators, and industry experts, including Senators Kirsten Gillibrand and Ashley Moody, CFTC Chairman Mike Selig, and White House crypto point man Patrick Witt. The event will also include a Policy & Regulation Summit, exploring key policy and regulatory issues, such as decentralized finance compliance with anti-money laundering rules, tax implications, 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.