Bitcoin’s potential to thrive as a medium of exchange has been unnecessarily hindered by its current tax treatment in the U.S. Introducing a de minimis exemption could help address this issue. With a new administration coming into office next month, and a slew of Bitcoin-related policy proposals on the table for Day One, it is…
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Through my work as a consumer advocate, both as the deputy director of the Consumer Choice Center and a Fellow at the Bitcoin Policy Institute, I’ve contributed to various model policies that can be enacted at a state-level in the United States to help advance Bitcoin. Working with state lawmakers, policy organizations, and fellow passionate…
In this episode, Nik Bhatia speaks with Yaël Ossowski of Consumer Choice Center and Bitcoin Policy Institute to explore the intersection of Bitcoin and U.S. banking laws. They dive into how regulations like the Bank Secrecy Act have shaped Bitcoin’s evolution, the impact of financial surveillance on privacy, and the growing issue of debanking for…
Reforming the Bank Secrecy Act would empower Bitcoin innovation, protect user privacy, and foster a better balance between regulatory compliance and financial sovereignty. Though Bitcoin was born in the world of computers and code, it was destined to eventually face-off with the legacy banking system. The first block ever mined on the blockchain, Satoshi’s Genesis…
This week I was invited on The Progressive Bitcoiner podcast to discuss the latest proposals for a Bitcoin Strategic Reserve with Pierre Rochard of Riot and the podcast host Trey Walsh. I had a great time, and hope you listen and provide your reactions. In this episode we explore the debate around a potential US…
The Role Of Education In Shaping Bitcoin Policy The world of Bitcoin is not just about digital currency; it’s also about policy and advocacy. In this Bitcoin Equities Talks episode, Yael Ossowski, Deputy Director at Consumer Choice Center discusses how the Bitcoin Policy Institute is at the forefront of educating lawmakers and the public about…
To much fanfare, European Union legislators and commissioners last year negotiated the final framework of the bloc’s cryptocurrency regulation, known as the Markets in Crypto-Assets Regulation (MiCA). On June 30 of this year, Titles III and IV came into force, stipulating the requirements for issuers of “asset-referenced tokens” (commodity basket tokens) and “e-money tokens” (stablecoins). The rest…
Sen. Elizabeth Warren (D-Mass.) loves to cast herself as the ultimate public defender of consumers and the arch-nemesis of bankers on Wall Street. However, with her recent record opposing popular mergers and shutting down regulatory reform for Bitcoin and its crypto-offspring, Warren has sided more with the major banks rather than new players that stand…
Biden is waging war on financial privacy, and not everyone is happy. The last several weeks have weighed heavily on those in Bitcoin who use privacy tools and software. Between the ceremonious arrests across two continents, Justice Department press releases, FBI warnings, and souring mood in Washington, many popular services for both sovereign and private…
Should regulations aimed at halting the financial activity of alleged criminals and terrorists be vastly expanded to include cryptocurrencies and firms that use them? Could this potentially harm entrepreneurial spirit and consumer freedom to deal in digital assets? Those were the questions asked this week in Washington as officials from the Treasury Department seek new…