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Laura Shin에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Laura Shin 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So - Ep. 571

40:24
 
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Manage episode 384282987 series 1822984
Laura Shin에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Laura Shin 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode of Unchained, Peter Van Valkenburgh, director of research at Coin Center, explains why the IRS's proposed broker rule for tax reporting in crypto could harm the crypto industry as well as the security and privacy of users. He explains how Coin Center thinks the IRS should accomplish its aims, and why that would even work for collecting taxes on DeFi gains.

Additionally, Peter explains why he believes the Bank Secrecy Act might be unconstitutional and how that could potentially affect developers building in crypto.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

  • What the IRS's proposed broker rule entails for crypto tax reporting and why this could have a negative impact on the industry
  • What responsibilities brokers in the crypto space now face
  • Why the IRS didn’t use Congress's amended language from the infrastructure bill
  • Why Peter argues that the IRS’s new proposed broker rule on crypto is unconstitutional and the principles at stake
  • The alternative approaches Peter suggests the IRS could adopt for more effective and fair regulation
  • Why Peter has concerns for crypto developers about the potential application of the Bank Secrecy Act
  • What actions Coin Center is undertaking to advocate for changes in the Bank Secrecy Act to better align with crypto realities
  • Why Coin Center is appealing in its lawsuit against the Treasury Department over the OFAC sanctions on Tornado Cash

Thank you to our sponsors!

Guest

Links

IRS Crypto Regulation

Bank Secrecy Act

Tornado Cash

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

968 에피소드

Artwork
icon공유
 
Manage episode 384282987 series 1822984
Laura Shin에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Laura Shin 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode of Unchained, Peter Van Valkenburgh, director of research at Coin Center, explains why the IRS's proposed broker rule for tax reporting in crypto could harm the crypto industry as well as the security and privacy of users. He explains how Coin Center thinks the IRS should accomplish its aims, and why that would even work for collecting taxes on DeFi gains.

Additionally, Peter explains why he believes the Bank Secrecy Act might be unconstitutional and how that could potentially affect developers building in crypto.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

  • What the IRS's proposed broker rule entails for crypto tax reporting and why this could have a negative impact on the industry
  • What responsibilities brokers in the crypto space now face
  • Why the IRS didn’t use Congress's amended language from the infrastructure bill
  • Why Peter argues that the IRS’s new proposed broker rule on crypto is unconstitutional and the principles at stake
  • The alternative approaches Peter suggests the IRS could adopt for more effective and fair regulation
  • Why Peter has concerns for crypto developers about the potential application of the Bank Secrecy Act
  • What actions Coin Center is undertaking to advocate for changes in the Bank Secrecy Act to better align with crypto realities
  • Why Coin Center is appealing in its lawsuit against the Treasury Department over the OFAC sanctions on Tornado Cash

Thank you to our sponsors!

Guest

Links

IRS Crypto Regulation

Bank Secrecy Act

Tornado Cash

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

968 에피소드

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