
Rhode Island Blockchain Council
422 posts

Rhode Island Blockchain Council
@RIBlockchain
RIBC - a non-profit organization with the mission to promote, support, and advance blockchain innovation in New England







Not your keys🔑 not your cheese🧀 RI Bitcoiners educating the importance of self custody with Bill 2026-H 7957 at the RI State House Full Testimony starts at 28:00 capitoltvri.cablecast.tv/show/11812


Hearing that despite all the efforts and lobbying for bitcoin de minimis tax exemption, it’s none other than @coinbase trying to nuke it behind the scenes to push stablecoins only. Apparently they are telling legislators that, “No one is using bitcoin as money. A de-minimis exemption for bitcoin is a hand out that will be DOA.”











I'm confident we can achieve a market structure win-win that advances the President's crypto agenda while addressing the concerns of the banks. Our focus throughout will be to advocate for what's best for crypto users. We’re all in - we were the first ones fighting for market structure before it was popular, and we’re staying at the table. GENIUS passed 6 months ago and is now being re-litigated. That deeply impacts our customers. Coinbase attended both recent White House meetings and the crypto industry is aligned. We’re making good progress towards reaching a win-win-win between the White House, banks and crypto, and we'll keep advocating for what's best for crypto users, especially core consumer benefits like rewards.











