As subscribers to this newsletter are aware, Congress has been debating market structure legislation for the past few months, but discussions on crypto policy encompass a wide range of issues, including taxes, decentralized finance regulations, the upcoming midterm election, and more. The Consensus Miami conference, scheduled for next month, will delve into each of these topics in detail.
This newsletter, State of Crypto, explores the intersection of cryptocurrency and government; click here to subscribe to future editions. The conference will feature conversations on significant policy changes in the digital asset space, including the shift in regulators' approach to enforcement actions and the finer details of issues like stablecoin yield treatment. The crypto industry has gained recognition, with the US President signing the first significant crypto-specific legislation last year.
Regulators have proposed rules for stablecoin companies based on the GENIUS Act, and lawmakers are considering reforms to US crypto tax policy. The industry is seeking tax reform, a de minimis exemption for crypto transactions, and a market structure bill that will not overly burden the industry. Consensus Miami will bring together leading lawmakers, regulators, and industry experts to discuss these topics.
The Policy & Regulation Summit 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 focus on the 2026 midterm election, the crypto industry's engagement with the election, and expectations for the new Congress.
The summit 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 these products.