What should the crypto industry expect from regulators in 2022? Experts answer, Part 2

What should the crypto industry expect from regulators in 2022? Experts answer, Part 2


Michelle is the CEO of the Association for Digital Asset Markets, which works in partnership with financial firms and regulatory experts to devise a code of conduct for digital asset markets.

“2021 was the year Washington woke up to the digital assets industry. The year started with the rushed FinCEN “Unhosted Wallets” proposal, which the industry was able to voice its concerns and delay. At the same time, pro-digital asset Senator Cynthia Lummis joined the Senate.

As the Biden Administration got up to speed on digital assets, it seemed like all of Washington was studying the industry in some shape or form. Then came the Infrastructure Bill, which contained a rushed provision defining a broker for tax reporting purposes. This flawed language unleashed digital asset

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