1/ Here’s my recap on the last few weeks of crypto and policy in DC (and around the country) 📜

🚨Mark your calendars 🚨

On May 8th at 12pm EST, DEF will be hosting our first ever “State of the Union” 🫡

DEF exists to explain DeFi to policymakers, regulators, and other decision makers and advocate for policies that are welcoming of decentralized financial infrastructure.

Two crypto industry groups on Tuesday jointly sued the U.S. Securities and Exchange Commission to overturn the regulator's expanded dealer definition. law360.com/articles/18285…

Crypto groups sue SEC over expanded dealer rule: CNBC Crypto World cnb.cx/4b5QwuV

'With the Dealer Rule, it is so vague and the SEC made no attempt to answer the questions that the crypto industry had in the comment-making process...we think this violates the Administrative Procedures Act.'

-Kristin Smith today on Bloomberg TV Bloomberg Crypto

The SEC’s dealer rule is an unlawful infringement on DeFi and in this lawsuit - filed today - the industry will prevail.

theblockchainassociation.org/blockchainasso…

Thanks to BA and CFAT for their continued leadership.

Crypto Lobbyists Sue SEC Over 'Dealer' Rule That Could Threaten DeFi
► decrypt.co/227701/crypto-… decrypt.co/227701/crypto-…

Two crypto industry trade associations sued the SEC to block a new rule that expanded the regulator's interpretation of what it deems a 'dealer' of securities, reports Nate Raymond
reut.rs/49PIN32

BA's Kristin Smith will appear on Bloomberg TV Bloomberg Crypto today to discuss why BA and CFAT are suing the U.S. Securities and Exchange Commission over its expansion of the Dealer Rule.

Tune in:
bloomberg.com/live/us
Kailey Leinz Sonali Basak

Crypto Industry Groups Sue SEC Over New 'Dealer' Rule wsj.com/livecoverage/s… via @wsj

Blockchain Association and Crypto Freedom Alliance of Texas sue the SEC over newly adopted dealer rule theblock.co/post/290419/bl…

The Blockchain Association and Crypto Freedom Alliance of Texas have asked a federal court to block the U.S. Securities and Exchange Commission from enforcing a new rule, saying it might capture crypto traders who aren't dealers.

@[email protected] reports

trib.al/p11mxm4

1/ Today, Blockchain Association and the Crypto Freedom Alliance of Texas sued the SEC over the recently finalized Dealer Rule. The rule is arbitrary and capricious, and presents significant risk for digital asset market participants in the U.S.

tinyurl.com/ye6h3zet

I just published my first book: The Crypto Legal Handbook. I wrote it in response to a question I always get asked by people wanting to learn more about crypto and its regulations: Where do I start?

This is the place to start.
thecryptolegalhandbook.com.

Big thank you to Kristin Smith CEO of the Blockchain Association for joining me for an amazing fireside chat discussing all things pro-innovation policy work in DC

Brown Rudnick Global Blockchain Conference in New York

The following statement is attributed to Blockchain Association CEO Kristin Smith following today's release of the Lummis-Gillibrand Payment Stablecoin Act: