Truly an honor to advocate for clear digital asset tax policy alongside leading industry experts. @DigitalChamber has been making the rounds on Capitol Hill to ensure offices understand the urgency of this issue. Thrilled to see the momentum for a comprehensive tax framework! More to come. 🔜 🏛️ #DigitalAssets #CryptoTax #TechPolicy

Great to host Congressman @repscfigures today for a conversation with @DigitalChamber members. Thank you, Congressman Figures, for spending time with our members and for the thoughtful conversation.

The future of digital assets depends on turning dialogue into action, building regulatory clarity, and creating pathways for innovation to thrive. @DigitalChamber team and member @taylorjbarr @BlockchainAndy and I had some great conversations at @CoinDesk event today!

Great find. The arguments being made today are almost identical to those made about money market funds in 1980. “Money market mutual funds are diverting funds from many of our nation's communities with the effect of increasing credit costs while diminishing credit availablity.…The growing seriousness of this funds diversion problem, combined with the fact that money market mutual funds are not subject to the same regulation and supervision imposed on banks…”

Misinformed and factually incorrect. This is extremely disappointing from the WSJ and begs the question of motive of something so riddled with misinformation. There is no evidence of deposit flight for small banks from stablecoin rewards. Furthermore, this bill specifically prohibits rewards that are functionally and economically similar to an interest bearing deposit. And I don’t know how to make this any clearer, but developers and infrastructure providers that do not custody funds should not be treated like banks. Those building the tools are wildly different than those running the banks.

I don’t how much clearer it can be that the Clarity Act is a pro-law enforcement bill The Clarity Act now has the endorsement of the: -National Fraternal Order of Police (@GLFOP) - National Organization of Black Law Enforcement Executives (@noblenatl) - Federal Law Enforcement Officers Association (@FLEOAORG) - Major Cities Chiefs Association (@MjrCitiesChiefs)

More than 16 years ago, Bitcoin was used for its first real-world purchase. Skip forward to today, nearly 70 million Americans own digital assets. Innovation kept moving forward. Clear rules and consumer protections did not - with Americans bearing the greatest cost when safeguards fall behind. The Clarity Act is our opportunity to correct course by: • Keep customer assets separate and better protected if a company fails • Give consumers clearer information and tools to spot and report fraud • Equip law enforcement with new funding, training, and technology to pursue bad actors • Strengthen defenses against money laundering, cybercrime, and foreign adversaries • Give responsible businesses clear rules to build, hire, and innovate in America …and so much more Digital assets and blockchain are not just here to stay - they are already becoming central to America’s economic future. Clarity would help ensure that future protects Americans, holds bad actors accountable, and is built here under our rules. Let’s finish the job!

Financial literacy has to evolve with the new ways Americans save, spend, invest, and build wealth. With 70+ million Americans using digital assets, education is more essential than ever to ensure responsible participation. That’s why @DigitalChamber joined @RepBeatty and @RepYoungKim today to represent the digital asset/blockchain industry at the Financial Literacy & Wealth Creation Caucus resource fair on Capitol Hill!

Today, the CEOs of the @Blockchainassn @Crypto_Council and @DigitalChamber sent a letter urging the House Ways and Means Committee to pass H.R. 9175, the Tax Clarity for Mining and Staking Act, as introduced. The bill provides clarity on the federal tax treatment of digital asset mining and staking rewards. The time is now to provide taxpayers clarity, protect U.S. competitiveness, and preserve a bipartisan compromise that Congress put together. Full letter ⬇️ ow.ly/n7cF50Zf0Sm

Providing a reliable tax framework is essential for the long-term growth of the digital asset ecosystem. As shared in our recent industry coalition letter, modernizing our tax infrastructure ensures that creators, builders, and everyday users can move forward with confidence. Aligning policy with technological evolution fosters domestic innovation and maintains U.S. leadership in the global digital asset ecosystem. We commend the U.S House @WaysandMeansGOP for dedicating time to examine these essential issues at the upcoming June 9 hearing.

It was an honor to have @berniemoreno, @HarryYJung, and @kylehauptman join @DigitalChamber and our members last night for a conversation on the Next Wave of American Innovation. From allowing responsible innovation in prediction markets to pushing the Clarity Act over the finish line, the message was clear: the U.S. needs rules that protect consumers, support builders, and keep the future being built here.

🚨Senate Banking Committee just voted to advance the Clarity Act on a vote of 15-9 Gallego and Alsobrooks voted in favor Next step: Banking + Ag committees will work to combine each of their portions of the bill to get ready for a full floor vote

Chairman @SenatorTimScott on GOP efforts to make the bill bipartisan: “Since June of last year, we have added 33,000 words and 219 pages to get this legislation as bipartisan as humanly possible.”

RT @DigitalChamber: Though not a perfect bill, the latest legislative text from the Senate Banking Committee has come a long way. We are ea…