Even with the SEC and CFTC providing guidance for the crypto industry, federal market structure legislation still matters. @WilmerHale’s @tjsmith414 and @gibsondunn's @jeffreylsteiner explain
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Solana Policy Institute
991 posts
Solana Policy Institute
@SolanaInstitute
Advancing sound policy for digital assets like Solana.
- The Clarity Act would protect developers, keep talent onshore, and preserve U.S. leadership in digital assets. @KristinSmith explains on @MorningsMaria
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Chairman of the Subcommittee on Digital Assets @DustyJohnson explains why it's now or never for crypto's CLARITY Act in a new chat with @SolanaInstitute @KristinSmith ⬇️ "We are not gonna get this done if we don't get it done this year. That's the most likely scenario." 👀
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For years, CCI has argued for proper taxation of staking rewards. Rep. Horsford’s amendment would unfortunately break H.R. 9175, replacing it with a 5-year forced-sale clock on staking and mining rewards that JCT says raises negligible revenue. We greatly appreciate hisToday, the CEOs of the @crypto_council, @BlockchainAssn, and @DigitalChamber sent a letter urging the House Ways and Means Committee to pass @RepMikeCarey’s H.R. 9175, the Tax Clarity for Mining and Staking Act, as introduced. For years, miners and stakers have faced
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Big day for crypto tax policy 🚀 🤓 The major crypto trades just sent a letter in support of H.R. 9175, the Tax Clarity for Mining and Staking Act, introduced by @RepMikeCarey. It's the compromise stakers and miners have been waiting for 🧵Today, the CEOs of the @BlockchainAssn @crypto_council and @DigitalChamber sent a letter urging the House Ways and Means Committee to pass @RepMikeCarey’s H.R. 9175, the Tax Clarity for Mining and Staking Act, as introduced. For years, miners and stakers have faced uncertainty
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Standing room only at today’s congressional staff briefing on proof of stake consensus mechanisms and the tax treatment of staking rewards. BA’s @lindsayfraser0 joined @SolanaInstitute’s @thecolinmclaren to discuss how Proof of Stake works and why it matters for policymakers.
- .@MariaBartiromo gets it. @solana is the fastest and most used blockchain the world 95% of tokenized stock trading volume on Solana $3B in real-world assets, an all-time high
00:00 - Staking secures networks like @solana. @RepMikeCarey's Tax Clarity for Mining and Staking Act (H.R. 9175) lets stakers pay tax when they sell their rewards, not before. SPI supports the bill as written – pass it and keep blockchain validation in the U.S.1/ Sensible treatment of staking tax is fundamental to the next generation of financial infrastructure. Without tax clarity grounded in economic reality, the U.S. risks pushing crypto validators, developers, and capital to jurisdictions with more workable rules.Learn more in this letter from @BlockchainAssn, @DigitalChamber and @crypto_council 👇 theblockchainassociation.org/api/media/file…
- What's actually happening with crypto legislation in Washington and what does it mean for @solanapayments? @amiravalliani, @KristinSmith, and @millercwl break it down on the latest episode of Bits to Bricks. 🎧
- The policy, the votes, and the political will are finally aligned. Thank you @SenLummis, @berniemoreno, @SenRubenGallego for your bipartisan work to help advance this legislation in the Senate. It's time to move the Clarity Act to the full Senate floor.
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How does the CLARITY Act affect institutional players in digital assets? At the @SolanaInstitute's Washington x Wall Street event, Grayscale Chief Legal Officer @CraigSalm joined legal and policy minds from Gibson Dunn, WilmerHale, @jump_, and @SolanaInstitute to unpack the
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Innovation thrives when the rules are clear. Today, CTA urged the Senate to pass the CLARITY Act so America can lead the next generation of financial technology, strengthen consumer protections, and keep jobs and investment here at home. 🇺🇸 🚀
- We have great champions of innovation at the @SECGov and the @CFTC, with @SECPaulSAtkins @ChairmanSelig working to update the rules to allow for trading of tokenized equities and derivatives.
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