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šØ Time is Running Out: U.S. Must Pass Crypto Laws Before 2026 Elections šŗšø
The window to pass meaningful crypto legislation in the U.S. is closing fast ā and missing it could leave lasting damage. Marta Belcher, president of both the Blockchain Association and the Filecoin Foundation, recently stressed the urgent need for regulatory clarity before the 2026 election cycle disrupts any forward momentum.
On Cointelegraphās Decentralize podcast, Belcher emphasized the risk of political uncertainty after the midterms, especially with a Congress that could either support or stall innovation. She reflected on the damage done by past regulatory crackdowns ā particularly under Gary Gensler and the Biden administration ā which forced many promising blockchain projects to relocate overseas.
Now, thereās a narrow but real opportunity:
šļø Congress is actively moving on stablecoin and crypto market structure bills, with potential votes on stablecoin legislation expected soon.
But thereās a catch. ā ļø After summer, priorities could shift quickly in Washington. Belcher warned: If action isnāt taken this year, we might lose the chance altogether.
The crypto industry is ready to comply ā it just needs a clear path. Even if the legislation isnāt perfect, progress now is better than delay and uncertainty later.
š¤ A call for compromise. A call for action.
The time is now ā or risk falling behind permanently.
#CryptoRegulation #BlockchainPolicy #Stablecoins #CryptoLegislation #USCongress #BinanceSquare #CryptoCompliance #MartaBelcher #Filecoin #BlockchainAssociation $FIL
The window to pass meaningful crypto legislation in the U.S. is closing fast ā and missing it could leave lasting damage. Marta Belcher, president of both the Blockchain Association and the Filecoin Foundation, recently stressed the urgent need for regulatory clarity before the 2026 election cycle disrupts any forward momentum.
On Cointelegraphās Decentralize podcast, Belcher emphasized the risk of political uncertainty after the midterms, especially with a Congress that could either support or stall innovation. She reflected on the damage done by past regulatory crackdowns ā particularly under Gary Gensler and the Biden administration ā which forced many promising blockchain projects to relocate overseas.
Now, thereās a narrow but real opportunity:
šļø Congress is actively moving on stablecoin and crypto market structure bills, with potential votes on stablecoin legislation expected soon.
But thereās a catch. ā ļø After summer, priorities could shift quickly in Washington. Belcher warned: If action isnāt taken this year, we might lose the chance altogether.
The crypto industry is ready to comply ā it just needs a clear path. Even if the legislation isnāt perfect, progress now is better than delay and uncertainty later.
š¤ A call for compromise. A call for action.
The time is now ā or risk falling behind permanently.
#CryptoRegulation #BlockchainPolicy #Stablecoins #CryptoLegislation #USCongress #BinanceSquare #CryptoCompliance #MartaBelcher #Filecoin #BlockchainAssociation $FIL
Breaking News: Blockchain Association Takes on IRS Broker Rules! šØ
The Blockchain Association is challenging the IRS's broker rules, advocating for a more nuanced approach that recognizes the unique characteristics of digital assets. š”
What's at Stake? š¤
The IRS's current guidance would require cryptocurrency brokers to report transactions, similar to traditional financial institutions. However, this one-size-fits-all approach fails to account for the complexities of blockchain technology. š¤
The Blockchain Association's Stand šŖ
The Association argues that the IRS's rules are:
Overly broad, capturing non-taxable transactions š
Technically unfeasible for many blockchain companies š«
Invasive, compromising user privacy š
What This Means for You š¤
A more balanced approach to regulation would:
Safeguard user privacy š
Promote innovation in the blockchain space š»
Ensure a level playing field for all industry participants š
Stay Informed, Stay Ahead š
Follow us for the latest updates on this developing story! š
#BlockchainAssociation #IRS #BlockchainTechnology
#Crypto2025Trends
What's at Stake? š¤
The IRS's current guidance would require cryptocurrency brokers to report transactions, similar to traditional financial institutions. However, this one-size-fits-all approach fails to account for the complexities of blockchain technology. š¤
The Blockchain Association's Stand šŖ
The Association argues that the IRS's rules are:
Overly broad, capturing non-taxable transactions š
Technically unfeasible for many blockchain companies š«
Invasive, compromising user privacy š
What This Means for You š¤
A more balanced approach to regulation would:
Safeguard user privacy š
Promote innovation in the blockchain space š»
Ensure a level playing field for all industry participants š
Stay Informed, Stay Ahead š
Follow us for the latest updates on this developing story! š
#BlockchainAssociation #IRS #BlockchainTechnology
#Crypto2025Trends
"Together, we can shape the future of crypto regulationsāwhere innovation thrives and privacy is protected."
Here's a suggested post for Binance regarding the Blockchain Association's challenge to the IRS broker rules:
Blockchain Association Challenges IRS Broker Rules
The Blockchain Association has filed a legal challenge against the IRSās controversial new broker rules, which could impose stringent reporting requirements on digital asset transactions. The rules, set to take effect in 2024, have raised concerns within the crypto community, with critics arguing they could stifle innovation and hinder privacy.
As an advocate for transparency, innovation, and fair regulations, Binance supports efforts to ensure that regulations around blockchain and crypto assets are clear, reasonable, and conducive to growth. We continue to stand with industry leaders in ensuring the voice of the blockchain community is heard.
Stay informed as this critical case unfolds!
#CryptoRegulation #BlockchainAssociation #IRS #BinanceSquareTalks #Blockchain
Here's a suggested post for Binance regarding the Blockchain Association's challenge to the IRS broker rules:
Blockchain Association Challenges IRS Broker Rules
The Blockchain Association has filed a legal challenge against the IRSās controversial new broker rules, which could impose stringent reporting requirements on digital asset transactions. The rules, set to take effect in 2024, have raised concerns within the crypto community, with critics arguing they could stifle innovation and hinder privacy.
As an advocate for transparency, innovation, and fair regulations, Binance supports efforts to ensure that regulations around blockchain and crypto assets are clear, reasonable, and conducive to growth. We continue to stand with industry leaders in ensuring the voice of the blockchain community is heard.
Stay informed as this critical case unfolds!
#CryptoRegulation #BlockchainAssociation #IRS #BinanceSquareTalks #Blockchain
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CFTC Commissioner Summer Mersinger Resigns to Lead Blockchain Association
Summer Mersinger, commissioner of the U.S. Commodity Futures Trading Commission (CFTC), announced her resignation on May 30, 2025. Starting June 2, she will take on the role of CEO of the Blockchain Association, a leading organization that advocates for the interests of the crypto industry in Washington. Mersinger, who was appointed by the Biden administration in 2022, has been a strong proponent of clear regulatory frameworks for crypto assets, emphasizing the need for collaboration between the CFTC and the SEC. Her transition to the Blockchain Association comes at a pivotal moment as the U.S. actively discusses the future of crypto regulation.
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