As this newsletter's readers are aware, the US Congress has been debating market structure legislation for months, but cryptocurrency policy discussions encompass far more, including taxes, decentralized finance regulations, the upcoming midterm elections, and state-level developments. The Consensus Miami conference, scheduled for next month, will delve into these topics in depth. The event will feature discussions with prominent 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 Policy & Regulation Summit will explore key issues, such as decentralized finance compliance with anti-money laundering rules, tax implications in the 1099-DA era, and state approaches to cryptocurrency regulation.
A series of sessions will focus on the 2026 midterm elections, including the crypto industry's engagement and expected outcomes. The summit will conclude with a debate on prediction markets, examining whether they constitute gambling or a novel financial instrument, and who should regulate them.