Miller

I'm honored to be leading @SolanaInstitute as we work to educate policymakers on the incredible potential of decentralized networks like Solana. It's a pivotal moment for our industry, and we need clear rules to unleash the innovators building the digital economy of the future.

Thank you for your leadership, @FLEOAORG.

1 / We're excited to welcome @JackSolowey to Blockchain Association as Senior Counsel, Policy & Regulatory Affairs. 👇

Leaving digital asset rules unsettled has not protected anyone. Instead, it’s left consumers and the industry vulnerable and has pushed innovation, investment, and jobs somewhere with clearer answers.

We both want bad actors held accountable. The difference is I’m working on solutions, you’re shouting into the void hoping the status quo fixes itself. Sec. 303 enables new crypto sanctions on Iran. Sec. 305 lets exchanges stop illicit funds before they reach North Korea.

🇺🇸CLARITY Deadline on the EDGE🔥👀 Interview @RebeccaRettig1 @jito_labs WATCH NOW👉youtu.be/vi7I38I9chc $SOL $JITO

Big Update for me - a new chapter and I'm now CISO of @SolanaFndn . I've always been drawn to fast moving new frontiers. Head of Security of Mozilla during the height of the browser wars, the first CISO of Twitter as they burst onto the world's stage, and even as a startup founder innovating on data security for enterprise SaaS as cloud deployments skyrocketed. Years ago through the acquisition of our startup, Altitude Networks, to CoinList I found my way into crypto. I'm excited to share that I'm continuing the crypto adventure as CISO of Solana Foundation. Why Solana? This is the chain doing tens of billions of dollars in stablecoin volume a day. It's the chain where SpaceX's tokenized shares went live the same day as its Nasdaq debut. It's processing more transactions daily than most of crypto combined. Solana is establishing itself as the future of financial infrastructure, at massive scale. Now, this is not without its challenges. I'm keenly aware of the adversaries' incentive to separate people from their crypto. I'm aware of the rising threats from malicious use of AI (something I testified to Congress about earlier this year), and the massive power for defense when harnessed effectively. And I’ve felt the push and pull when innovative new approaches meet established traditional businesses. I'm thrilled to work across the foundation and the entire Solana ecosystem to help tackle these challenges head on. That means building security into this industry, from operational and appsec fundamentals to the crypto-specific challenges, working with policymakers and standards bodies to get cybersecurity regulation right, and bringing the lessons and battle scars I've picked up along the way. Innovation is messy and security is hard. This is the nexus where I enjoy working to solve the hardest challenges alongside the smartest folks around the world. Onward!

1/ America just celebrated 250 years – and Congress returns next week with a fitting way to mark it. We have 4 weeks once the Senate returns – keep a close eye on the weeks of July 13 and 20 – to get Clarity done and to the President's desk before the August recess. 🧵

1/ I must be looking at a different version of the Clarity Act. The WSJ story is about sanctioned entities allegedly moving funds through an offshore exchange. The bill I’ve pored over for months includes quite a bit aimed at exactly that kind of risk. x.com/SenWarren/stat…

I agree with @LeaderJohnThune: The Senate should vote on crypto market structure legislation in July. @BankingGOP advanced a bipartisan bill that would deliver clear rules of the road, protect consumers, and keep innovation in America. It’s time to deliver for the American people.

1/ I’ve had a few conversations with people in the crypto community who are becoming worried about Clarity’s progress. Legislation is never guaranteed, but I strongly believe there is a path to get the Clarity Act to the President’s desk. Here’s why: 🧵

Straight from DOJ, the June 23 letter from @NationalSheriff @WeAreNAAUSA @ndaajustice @TheIACP "contains factual inaccuracies and mischaracterizes Administration policy" regarding the Clarity Act and the BRCA, which protects developers who create noncustodial software from being misclassified as money transmitters. DOJ rightfully points out that "law enforcement's access to relevant information will not change, as these individuals are not and have never been subject to the [Bank Secrecy Act]. The bill does not restrict DOJ's ability to investigate or prosecute criminal activity involving digital assets, including drug trafficking, human smuggling, and terrorism financing.”

Introducing OPSeC: a new industry-wide initiative we're convening in partnership with @_SEAL_Org & @asymmetric_re to improve cybersecurity resilience across blockchain ecosystems & onchain software. Join us to ensure security is at the heart of onchain technology development.

CME suing CFTC was a shocking miscalculation, an unforced error that revealed "the emperor has no clothes." Once viewed as the elephant in every room in DC on derivatives, CME now outs itself as a petty incumbent monopolist afraid of competition. Sorry, competition is here!

Thank you @MariaBartiromo for having me on @MorningsMaria. Clarity creates real market rules, new consumer protections, and provides tools for law enforcement. Now is the time to get it done and keep the US the crypto capital of the world. foxbusiness.com/video/63987538…

Innovation thrives when the rules are clear. Today, CTA urged the Senate to pass the CLARITY Act so America can lead the next generation of financial technology, strengthen consumer protections, and keep jobs and investment here at home. 🇺🇸 🚀

The Committee's bipartisan INVEST Act modernizes the "accredited investor" definition so education, professional credentials and experience - not wealth - determine who can invest in private offerings. This reform grants millions of Americans access to investment opportunities in tomorrow’s leading companies.

Perpetual futures > perpetual incumbency

NEXT at @Solana Summit Chicago, I'm sitting down with @passalacqua_mj, Senior Advisor to @CFTC Commissioner Selig and head of the agency's Innovation Task Force. Join us: solanapolicyinstitute.org/summit/chicago