Policy

Anti-money laundering (AML) laws are designed to promote financial integrity and prevent illicit conduct while still respecting the right to privacy, a difficult balance to strike in crypto.

Crypto offers a decentralized alternative to the traditional banking system, while also empowering financial institutions to offer better products and services.

Decentralized finance (DeFi) uses blockchain-based software protocols to create a new, programmable financial system that allows users to conduct their economic lives without relying on banks or other institutions.

Concerns about crypto’s energy usage are valid but often overstated, and ignore the industry’s hard work to make crypto sustainable and support the transition to renewables.

Non-fungible tokens (NFTs) are unique files stored on a blockchain that allow holders to exclusively own and control digital assets of any kind, from digital art to decentralized domain names.

Sanctions are an important foreign policy tool that applies to crypto just like any other industry without the need for special rules or designations.

Securities laws are designed to protect investors from fraudulent or manipulative practices and to provide investors with the information necessary to make informed investment decisions.

Like other commodities markets, crypto spot markets aren’t comprehensively regulated, but Congress is considering proposals to treat them more like markets for securities or derivatives.

Stablecoins are digital assets that maintain a stable value compared to a national currency like the US dollar, and promise to revolutionize global payments infrastructure and beyond.

Cryptocurrencies are a sizable generator of US tax revenue, but there are many open questions as to when crypto-related activities are taxable, and for how much.