Regulation

In this response to the UK tax authority's Call to Evidence, we argue that we need to create clear tax rules for staking and other DeFi activities, rather than extending the current rules for securities lending to DeFi activities.

In this letter to the U.S. Department of Treasury, we discuss how the programmable blockchain ecosystem is innovating to mitigate financial crime risks pertaining to digital assets, specifically the theft of private keys through phishing, malicious smart contracts, and compromised front-end user interfaces.

In this letter to the UK Crypto and Digital Assets All Party Parliamentary Group, we comment on the actions the UK government and regulators can take to encourage the development and adoption of blockchain software and digital assets in the UK. We outline the steps we are taking to mitigate consumer protection and financial crime risks associated with blockchain software usage.

In this letter to the U.S. Department of Treasury, we outline the steps we are taking for the responsible development of digital assets as well how risks can be mitigated. We comment on the facilitation of further blockchain network adoption and legislative and regulatory initiatives relevant to this comment.

For DAOs to truly become a mainstream feature of financial and cooperative organization, a number of legal challenges will need to be settled.