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Miller
2,035 posts
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Miller
@millercwl
@SolanaInstitute board: @fund_defi @defenddevspac
Joined December 2018
1,757
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4,946
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  • Pinned
    user avatar
    Miller
    @millercwl
    Mar 31, 2025
    I'm honored to be leading @SolanaInstitute as we work to educate policymakers on the incredible potential of decentralized networks like Solana. It's a pivotal moment for our industry, and we need clear rules to unleash the innovators building the digital economy of the future.
    user avatar
    Solana Policy Institute
    @SolanaInstitute
    Mar 31, 2025
    🔆 We are excited to announce the launch of Solana Policy Institute (SPI), a new non-partisan, non-profit focused on educating policymakers on how decentralized networks like @solana are the future infrastructure of the digital economy—and why the people building on and using
    00:00
    187K
  • user avatar
    Miller
    @millercwl
    Aug 9, 2022
    1/ Just sent Treasury a FOIA request for docs + comms on the Tornado designation (yes... via snail mail)
  • user avatar
    Miller
    @millercwl
    Aug 6, 2021
    aka "cost of carving out 1st amendment protected speech"
  • user avatar
    Miller
    @millercwl
    Apr 7, 2023
    We're going to have to update our tracker to include Gensler's latest feeling on what the law is:
    01:05
    user avatar
    SEC Chair Gary Gensler Archive
    @GenslerArchive
    Apr 6, 2023
    There's nothing incompatible in the crypto mkts w/ the securities laws. A goal of our work @SECGov is to bring this field into compliance. That way, investors get the same time-tested protections they get elsewhere in the mkts. Watch my discussion at @CouncilInstInv's Conf.
    102K
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    Miller
    @millercwl
    Oct 28, 2021
    1/ 🚨 Long-ish thread on the crypto + DeFi guidance issued by the Financial Action Task Force. tl:dr, it’s not great. My initial read is that the FATF sees a world in which permissionless + decentralized systems are—at best—suppressed. fatf-gafi.org/media/fatf/doc…
  • user avatar
    Miller
    @millercwl
    Nov 27, 2022
    "DeFi shouldn’t be ensnared in a catch-all regulatory response to the FTX debacle." The DCCPA "might have hampered decentralized exchanges by burdening them with rules more suited to centralized ones."
    Centralization Caused the FTX Fiasco
    Opinion | Centralization Caused the FTX Fiasco
    From wsj.com
  • user avatar
    Miller
    @millercwl
    Feb 15, 2023
    This should end any doubt that "come in and register" is a fig leaf for the SEC usurping Congress to block crypto in the US.. It requires investment advisers to custody all assets with qualified custodians while saying it's unlikely crypto can be custodied in compliance with the
    user avatar
    SEC Chair Gary Gensler Archive
    @GenslerArchive
    Feb 15, 2023
    We @SECGov just proposed to expand & enhance the role of qualified custodians when registered investment advisers custody assets on behalf of investors. Thru our rule, investors would get the time-tested protections—and qualified custodians—they deserve. What does this mean? ⬇️
    00:00
    269K
  • user avatar
    Miller
    @millercwl
    Sep 24, 2022
    CA Governor @GavinNewsom has vetoed AB 2269, the bill that would have effectively ended crypto in California. Some (much-needed) good news to end the week! gov.ca.gov/wp-content/upl…
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    Miller
    @millercwl
    May 16, 2024
    The Senate just voted 60(!)-38 to overturn SAB121, which the House voted to overturn last week. This is the most significant moment for crypto in Congress to date, and it is a strong bipartisan rebuke of the SEC’s unlawful approach to crypto. Thank you @SenLummis and
    user avatar
    Rashan A. Colbert
    @Rashan
    May 16, 2024
    In less than an hour, the US Senate will begin voting on a Congressional Review Act resolution to repeal the Securities and Exchange Commission's SAB 121. This is the first senate floor vote on a major crypto issue, and the world will be watching closely to see what happens.
    37K
  • user avatar
    Miller
    @millercwl
    Sep 8, 2023
    Comm. Mersinger: “If a DeFi protocol is developed for lawful purposes but is used for purposes that violate the CEA, should the developer be held liable?” Judge Failla: “it defies logic that a drafter of computer code underlying a particular software platform could be liable
    user avatar
    Jake Chervinsky
    Hyperliquid Policy Center
    @jchervinsky
    Sep 7, 2023
    Perhaps we should lay to rest the idea that the CFTC is "a better regulator" for crypto than the SEC. Today, the CFTC violated the court's opinion in the Uniswap class action—and its own principles—in an attack on DeFi. Read @cftcmersinger's dissent: cftc.gov/PressRoom/Spee…
    33K
  • user avatar
    Miller
    @millercwl
    Dec 6, 2024
    FDIC to banks: "we respectfully ask that you pause all crypto asset-related activity." Shocking. Thank you to the Coinbase legal team for doggedly pursuing these documents.
    user avatar
    Paul Grewal
    Coinbase 🛡️
    @iampaulgrewal
    Dec 6, 2024
    Re: the letters that show Operation Chokepoint 2.0 wasn't just some crypto conspiracy theory. @FDICgov is still hiding behind way overbroad redactions. And they still haven't produced more than a fraction of them. But we finally got the pause letters: downloads.ctfassets.net/c5bd0wqjc7v0/6…
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  • user avatar
    Miller
    @millercwl
    Sep 22, 2022
    🚨 The CFTC has filed a complaint against a DAO for violating the Commodity Exchange Act 🚨 "Defendant Ooki DAO... is an unincorporated association comprised of holders of Ooki Tokens... who have voted those tokens to govern... the Ooki Protocol."
    cftc.gov
    CFTC Imposes $250,000 Penalty Against bZeroX, LLC and Its Founders and Charges Successor Ooki DAO...
  • user avatar
    Miller
    @millercwl
    Aug 6, 2025
    Pretty disastrous outcome. Guilty verdict on unlicensed money transmitting charge threatens all software developers in the United States. Looking forward to DOJ’s theories being thrown out on appeal and to the end of regulation by indictment.
    user avatar
    Inner City Press
    @innercitypress
    Aug 6, 2025
    Replying to @innercitypress
    Judge: Let me see it... Deputy: Mr. Foreperson, Count 1, how do you find? Foreperson: Not unanimous. Deputy 2: Count 2? Foreperson: Guilty. Deputy: Count 3, IEEPA? Foreperson: Not guilty.
    21K
  • user avatar
    Miller
    @millercwl
    Jul 19, 2022
    “While abandoning good faith attempts to clarify how the commission's existing authority applies to digital assets, the SEC is hellbent on expanding the size of its crypto enforcement division and using enforcement to unconstitutionally expand its jurisdiction.”
    user avatar
    Tom Emmer
    House Republicans
    @GOPMajorityWhip
    Jul 19, 2022
    🚨The SEC Director of Enforcement admits the SEC is cracking down on companies outside its jurisdiction. Absolutely unacceptable.
    00:00

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