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.

Did you know? Only 19% of crypto developers are located in the U.S. — down 51% in recent years. In order to bring those builders back and make the U.S. the crypto capital of the world, software developer protections are essential. With input from the crypto community and law enforcement organizations, we have worked with @SenLummis on a compromise that we believe addresses Senator Grassley’s concerns. This issue should be resolved very soon.

We’re eagerly awaiting the announcement of a markup date for CLARITY. Next week, I’ll break down the latest with Senator @Berniemoreno on stage at @SolanaEvents Accelerate. A lot could happen between now and then 👀 Hope you can join us for this conversation! solana.com/accelerate/mia…

🚨NEW: @SenThomTillis (R-NC) says he’s ready to push the Clarity Act forward to a markup. “I’m going to ask the chair to move forward with scheduling a markup when we get back… I think we’ve made a lot of progress… and it’s time to get it before the committee to move it forward,” Tillis told my inimitable friend and former colleague @ChaseWilliams_ in a reporter gaggle on Capitol Hill this morning following the Warsh vote. Tillis went on to say most bank concerns on stablecoin yield have been heard and addressed, adding that others are welcome to “come and work in good faith.” On timing: Tillis hopes to release legislative text on stablecoin yield 4–5 days before a markup after stakeholders get a preview. On software developers and how law enforcement views the potential impact on enforcement under the 1960 criminal statute, a new flag Tillis raised this week, he pointed to @SenLummis’ approach, saying he’s “generally in support” of where the bill stands.

ICBA is doing its members a huge disservice over this issue. As communicated to their leadership ad nauseam, an outright prohibition on stablecoins rewards is dead on arrival. Were ICBA to succeed in defeating CLARITY over this issue (doubtful), their “reward” would be that GENIUS controls. Which, if ICBA’s argument is to be believed, would be catastrophic to their members. As they say: play stupid games, win stupid prizes. Instead of committing continued lobbying malpractice, ICBA should be enthusiastically supporting the compromise that Senators Tillis and Alsobrooks have reached, which addresses the issue of idle yield head-on in a way that can actually become law.

Join us in calling on the Senate Banking Committee to schedule a markup date and pass the CLARITY Act without delay. Developers need certainty to build. Sign the @standwithcrypto petition: standwithcrypto.org/petitions/sena…

As @HesterPeirce recently said, "Recent history is littered with a patchwork of no-action letters and enforcement actions that have contorted the term “broker” beyond recognition," and called for "a more permanent regulatory approach that addresses the broker definition in light of current market circumstances." Same, Commissioner Peirce, same.

We are thrilled to welcome @renato_mariotti and @RebeccaRettig1 to the CoinDesk Podcast Network with their new show, The Policy Protocol. Every Friday at 11am ET, they’ll be unpacking the biggest stories in policy and regulation to help you make sense of the shifting landscape. Don't miss the debut!

This isn't an age verification bill. This is device level KYC. Every operating system would need proof of age which means gov ID + photo for every device connected to the internet. The lazy default implementation? Gov ID + selfie to Persona. The same KYC Discord and Anthropic just rolled out (yep, we're already moving to KYC for AI). This makes one giant honeypot for hackers and is a bow-wrapped gift to the corporate surveillance machine (and U.S gov surveillance who harvest data from them). There's no technical reason to build it this way. We already have zero-knowledge age verification that works at scale, @zkpassport lets you prove you're over 18 without revealing who you are. Data never leaves the device. The tech exists. But that's not the worst part. If every device is gated by gov ID, then revoking the ID revokes digital existence. Revoke passport = digital excommunication. Actually insane we have legislators considering this.

Excited to work with @BlockchainAssn on its tokenization workstream. Tokenized markets are the future. To realize that potential, Section 505 of the CLARITY Act must preserve the flexibility of the @SECGov and @CFTC to support innovation within the U.S. regulatory framework.

1/ PropAMMs and the Next Chapter of Permissionless Market Structure For years, onchain trading won on access, lost on execution. Some feel better performance requires moving backwards to centralized systems PropAMMs on @solana are proving permissionless can outcompete centralized

🚨 Today, the Government will try to pass eye-watering internet restrictions from ID checks, to browsing time limits and even curfews "to protect children" - but they actually affect every single one of us. I explain why for @Telegraph today ⬇️ telegraph.co.uk/news/2026/04/1…

A new national law has been introduced to require all Operating Systems to have mandatory Age Verification. House Resolution 8250 : “To require operating system providers to verify the age of any user of an operating system, and for other purposes.” The Federal bill was introduced by Rep. Josh Gottheimer, Democrat from New Jersey. And is co-sponsored by Elise M. Stefanik, Republican from New York. The full text of the bill has not yet been made publicly available (but is expected shortly). congress.gov/bill/119th-con…

NEW 🚨: As part of Project Crypto, the Division of Trading and Markets issued a staff statement providing its views on broker-dealer registration requirements in connection with certain interfaces used to prepare transactions in crypto asset securities. ow.ly/fiGs50YImGn

Excited to join @millercwl tomorrow at the Solana Summit to discuss the latest on crypto regulation/legislation in DC. @SolanaInstitute

Code is speech.

after four long years, last week was my final one @SolanaFndn. along the way, i've been witness to the growth of one of the strongest ecosystems in all of technology (let alone crypto) and i'm deeply appreciative of having played a small part in where @solana is today there are too many stories to recount and too many people to thank so i won't begin to try, but i'm forever a fan of the entire Solana ecosystem and always hope to count myself as part of the family as for what's next: i seek to fulfill a decade-long vision quest to build the last company i ever work for with my friend @nkumar23. across both of our many interdisciplinary experiences throughout our careers, we've seen the value of being glue, of mixing-and-matching skillsets, and of building powerhouse teams to tackle hairy problems. this all-around mindset is embodied by the rare achievement of getting a 5x5 in basketball: at least five points, assists, rebounds, steals and blocks in a single game. only 15 players have done it, ever. we will take this approach to heart with the next step of our journey. this creative technology lab slash product studio slash members collective will have both highly experimental and entirely practical outputs, which we'll explore with software, writing, events, & art. we'd love for you to follow along as we figure it out: 5x5.studio // @5x5_collective

Thrilled to be part of a team that pairs deep @CFTC expertise with private-sector experience ranging from major law firms, @BlockchainAssn & @fund_defi.

.@CFTC Announces Innovation Task Force Staff: cftc.gov/PressRoom/Pres…

Protecting software developers is one of the most important aspects of this bill. It’s a core pillar of making the US the crypto capital of the world. Criminalizing code does nothing but drive innovation offshore.

What we heard from the government at today's hearing was truly alarming. Their theory is so expansive. Once criminals use a noncustodial tool at sufficient (though unspecified) scale, even otherwise lawful activity can be recast as illegitimate. At that point, a developer's every act to support software related to that tool can be treated as furthering criminal activity. This is why legal protections for developers need to be written into law.