Nick Carr 🛡️
1.6K posts
@ThisIsNickCarr
Mobilizing the 52M Americans who own bitcoin and crypto | Ex-Hill Staffer | @GWAlumni | NYC Born, Florida Raised 🇺🇸
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.”
This is extremely concerning if true. I can confirm that over the past three months there’s been a strong shift on the Hill to limiting the de minimis exemption to stablecoins only. BPI continues to meet with lawmakers to explain what a strategic blunder this would be for the U.S. We’ve spent years on this issue—we can’t let it slip at the last minute.
1/ We’re thrilled to announce that @masonlynaugh has been named executive director after more than 2 years leading our national grassroots strategy as community director. He helped grow SWC’s community to 2.7M+ advocates nationwide — and in this new role, he’ll continue expanding our membership, influence, and impact in Congress and at the ballot box.
.@alexbruesewitz on @TrumpAccounts : "It's such an incredible program... children are going to have a leg up on my generation, on previous generations, and I think that's an exciting thing for our country."
.@POTUS: Dozens of major employers have signed up to add @TrumpAccounts contributions to their employee benefit packages — including Uber, Schwab, Charter, Intel, Nvidia, Broadcom, IBM, Steak 'n Shake, Coinbase, Continental Resources, Comcast, and many others.
Gotta give credit where it is due. President Trump and his administration have delivered on his campaign promise to make America the crypto capital of the world. This has already driven major benefits to American citizens and companies. A complete inverse from the prior administration.
UPDATE: 963 signatures calling on Morgan Stanley Capital International (MSCI) to withdraw their proposed rule impacting Bitcoin treasury companies. 2 weeks to go in the comment period. New Goal: 1500. msci.bitcoinforcorporations.com
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.
I met with 25 Senators in the last 2 days, working to get market structure clarity done. I'm glad to report the urgency and momentum is high! We're grateful that Senators from both parties are working hard, engaged on clear rules for digital assets, even during a government shutdown. Building a better financial system requires strong rules that protect consumers and empower innovation here in the United States. We'll keep fighting for the market structure clarity Americans deserve.
The Trump administration’s Treasury just delivered for American innovation—fixing the CAMT problem that threatened unrealized gains on Bitcoin. This leadership clears the way for the U.S. to become the world’s #Bitcoin superpower. 🇺🇸 Thank you @USTreasury & @realDonaldTrump.
