323100
George Leonardo
@caphillcrypto #323100
Solopreneur. Creating U.S. crypto policy content. Carter & Jack’s dad 🙏 Prev. Sen. Cornyn; Litigation @ Milbank. https://www.caphillcrypto.com/about
562 Follower 493 Following
With Congress set to return from August recess on Monday, this week’s newsletter previews key bills & hearings to keep an eye on in the remaining few months of the 118th Congress. Check it out here👇: https://ckarchive.com/b/38uphkhopw55lc37xxl75f4nzx2nns7
For this week’s newsletter, @nic shares his thoughts on the state of crypto adoption, how policy impacts investment decisions, stablecoins, Operation Choke Point 2.0, the 2024 election, and more. Check it out here 👉 https://ckarchive.com/b/4zuvheh5xde39s6ovveola679e777s5
Gm. This week’s newsletter covers Treasury’s withdrawal of the unhosted wallet rule, background on Congressional action re: Prometheum, some campaign updates, and more. You can check it out here: https://www.caphillcrypto.com/newsletter
Here's my recap of the week in crypto policy, covering DeFi sanctions language in a Senate intel authorization bill, crypto policy riders in a House appropriations bill, a House hearing on tokenizing RWA, and Congressional letter to POTUS re Tigran Gambaryan's detainment in Nigeria.
Gm. This week, the House passed a comprehensive market structure bill and a CBDC ban. There were also a few Congressional letters, a brief Bitcoin mining mention at a Senate hearing, & a couple litigation updates.
In this week's newsletter, breakdowns of the Senate's SAB 121 repeal vote, House votes on 3 bills w/ pro-blockchain provisions, updates to FIT 21 and proposed amendments, and more 👇
Amendments offered to FIT 21 are now up on Rules Committee site:
https://rules.house.gov/bill/118/hr-4763
https://rules.house.gov/bill/118/hr-4763
Big week on Capitol Hill as the House passed a SAB 121 repeal, an HFS subcommittee held a hearing on SEC enforcement, and two new bills with a crypto tie were intro'd, including one to prohibit financial inst. from transacting with funds that have gone through a digital asset mixer for 2 years.
Rep. Casten intro’d bill to prohibit fin. institutions from transacting w/ funds that have gone through a digital asset mixer for two years. During 2 year moratorium, Treasury would have to study illicit v legitimate uses of mixers, privacy coins, and anonymity-enhancing tech, & report to Congress w/ policy recs.
Gm & happy Friday. Here's this week's newsletter covering a new crypto-friendly tax bill, Members of Congress criticizing the SEC and DOJ, and four Congressional letters, including two from Senator Warren.
Recap of the week in U.S. crypto policy & law 👇
Here’s an updated legislative tracker. Would love if someone could help point me in right direction re upgrading it from an excel spreadsheet pdf to a more dynamic, interactive webpage format 🙏 https://www.caphillcrypto.com/legtracker
One of those weeks where I could have filled the newsletter by Tuesday at lunch...A new draft AML bill, a Senate Banking hearing, a Sen. Warren anti-stablecoin letter, and more covered👇
Gm. In this week's newsletter, summaries of a House Republican letter seeking clarity from the SEC on Prometheum's intent to custody ETH & Judge Failla's decision in SEC v. Coinbase.
Recaps of a House Fin. Services hearing on a CFPB proposed rule, crypto-related tax proposals in Pres. Biden's Budget, and a new letter from 2 Senators urging the SEC not to approve more crypto ETPs 👇
Gm. In this week's crypto policy brief:
•House Fin. Services committee advanced a SAB 121 repeal and a bill aimed at combatting cyber crime
• Rep. McHenry intro'd a bill aimed at promoting financial innovation by creating regulatory sandboxes &
• Sen. Cruz intro'd an anti-CBDC bill.
Detailed summaries👇
•House Fin. Services committee advanced a SAB 121 repeal and a bill aimed at combatting cyber crime
• Rep. McHenry intro'd a bill aimed at promoting financial innovation by creating regulatory sandboxes &
• Sen. Cruz intro'd an anti-CBDC bill.
Detailed summaries👇
Revised legislative tracker is up, now including Sen. Cruz’s anti-CBDC bill & Rep. McHenry’s Financial Services Innovation Act of 2024 (creates regulatory sandboxes for innovative financial services firms). House Fin. Services will markup FSIA and a SAB 121 repeal tomorrow at 10am ET.
caphillcrypto.com/legtracker
caphillcrypto.com/legtracker
Last Friday's newsletter briefing the week in U.S. crypto policy is now on paragraph (w/ a few updates). Still playing around w/ style, but wanted to give trial run a go. LMK what you think.
Texas Blockchain Council and Riot Platforms filed suit in federal court (W.D. Tex.) asking for a preliminary injunction to halt the EIA’s Bitcoin mining survey. Filing 👇
https://www.dropbox.com/scl/fi/j267zpv1stolz3hil31xf/TBC-v.-DOE-Verified-Complaint.pdf?rlkey=jofoc6jx4k58ap2zqjxegwhs3&e=1&dl=0
https://www.dropbox.com/scl/fi/j267zpv1stolz3hil31xf/TBC-v.-DOE-Verified-Complaint.pdf?rlkey=jofoc6jx4k58ap2zqjxegwhs3&e=1&dl=0
Recap & key takeaways from this hearing (and another on FinCEN oversight) in this week’s newsletter👇
https://ckarchive.com/b/d0ueh0h465dw8fk4xx64otmvm2q44
https://ckarchive.com/b/d0ueh0h465dw8fk4xx64otmvm2q44
There’s a House hearing @ 2pm tomorrow re illicit finance in crypto. Policy proposals that may come up include studies on DeFi & privacy tech, & creating a new public/private-sector information-sharing program. Watch & read draft bill texts: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409142
For those interested in U.S. crypto policy, I write a free Friday morning newsletter recapping the week on Capitol Hill. You can check it out👇: https://www.caphillcrypto.com/newsletter