
1/ This morning, CCI’s Crypto Week activity turned to taxes and staking. @AMangiero testified in @WaysandMeansGOP about why modernizing crypto tax policy is critical to US leadership in the digital economy. Here’s what she told lawmakers: 🧵
Alison Mangiero
442 posts

@AMangiero
Recovering political scientist now mostly focused on crypto. Head of Staking Policy @crypto_council @TeamPOSA. NYC maximalist. Cool mom. Views my own.

1/ This morning, CCI’s Crypto Week activity turned to taxes and staking. @AMangiero testified in @WaysandMeansGOP about why modernizing crypto tax policy is critical to US leadership in the digital economy. Here’s what she told lawmakers: 🧵

Under my leadership at the @CFTC, we’re committed to future-proofing regulation for the new frontier of finance. Today, I’m proud to announce the launch of our Innovation Task Force, which will build on our Innovation Advisory Committee work and establish clear rules of the road for innovators in our financial markets. Read more⬇️ cftc.gov/PressRoom/Pres…



New: The White House wanted a deal on stablecoin yield done by this weekend. Will that happen? No, a banking source with direct involvement tells me. "Patrick Witt made the unfortunate error of going out to the press and saying he'd get this done before March. It's not going to get done before March," the source said. The crypto and bank lobbies are still far apart on the issue of yield, which is holding up a crypto market structure bill. "Is there language circulating? Yes. Is the language close? No," the source said. "We're not close to a bill." "I think that there's a very real likelihood that this thing falls apart unless Brian Armstrong comes to the table," the source added, referring to the Coinbase CEO, who has been adamant that stablecoins can generate yield for users. The source emphasized that the banks want a deal here, but figure chances of passage could drop to near-zero in the next month.

The Senate Banking Committee marks up the Market Structure bill next week, and stablecoin rewards remain under debate. Congress already settled this in GENIUS—reopening it now only creates uncertainty and risks the future of the US Dollar as commerce moves onchain. Here’s why Congress should protect the GENIUS Act, and why rewards help consumers without harming community banks. 1/ 🧵

Alongside @RepHorsford, I released a working draft of The Digital Asset PARITY Act, a bipartisan effort to bring clarity and parity to crypto tax policy. This bill would protect consumers making everyday purchases, ensure the rules are clear for innovators and investors, and strengthen compliance so everyone plays by the same rules. maxmiller.house.gov/posts/congress…

Today, I was proud to lead a group of my @HouseGOP colleagues in a letter to @SecScottBessent urging him and the @IRSnews to issue fair tax treatment for crypto stakers. America must remain the crypto capital of the world! Read more about the letter here:


As today’s @SenateAg hearing reflected, @michaelselig is well qualified to serve as Chairman of the CFTC. His deep expertise across derivatives, market structure, and digital assets - as well as his record of principled collaborative public service - will allow him to guide the Agency at this pivotal moment. We respectfully urge the Senate to confirm him.




Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors. This move increases investor benefits, boosts innovation, and keeps America the global leader in digital asset and blockchain technology.




