Miller
@millercwl
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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.
🔆 We are excited to announce the launch of Solana Policy Institute (SPI), a new non-partisan, non-profit focused on educating policymakers on how decentralized networks like @solana are the future infrastructure of the digital economy—and why the people building on and using
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Just so there's no confusion, life, liberty & the pursuit of happiness are cypherpunk values. DeFi - in its purest form - embodies these values. Don't waver.
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"Hey, can you guys interpret the words to mean something completely different?" - Interest should pick up third party distributions costs - "No issuer shall pay" should pick up payments by people other than issuers -"Solely" should be "not solely" I think I hit BINGO on my
Just released - ABA and 52 state banking associations urge @USTreasury to uphold GENIUS Act's ban on stablecoin interest:
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Teddy & I first started working together back in 2008 on fun index ETFs with varying strategies. Fast forward a decade & we started working on Bitwise stuff. 17 years on, we’re still finding ways to have some fun. Congrats @teddyfuse & @BitwiseInvest!
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Congrats to @CraigSalm and the whole Grayscale team on the conversion of GSOL to an NYSE-listed ETP!
Next out of the gate we have @Grayscale with $GSOL, which offers investors exposure to Solana and its staking rewards through a familiar ETP format. Congratulations to the Grayscale team and entire @solana ecosystem!
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Staking ETPs represent the next evolution in crypto investment products. Congrats to the @grayscale team!
Next out of the gate we have @Grayscale with $GSOL, which offers investors exposure to Solana and its staking rewards through a familiar ETP format. Congratulations to the Grayscale team and entire @solana ecosystem!
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It's official: @WesternUnion, the world's largest money transfer business, is building exclusively on Solana. 🔥
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Americans can now get exposure to the world's most used, innovative blockchain through U.S. regulated investment products: ETPs. More choices. Expanded opportunities. Good for consumers.
1/ Welcome to Wall Street, @solana! As of the opening 🔔 today, $BSOL, offered by @BitwiseInvest, is now live on the @NYSE, and @Grayscale’s $GSOL will launch in the days ahead.
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.@MikeSeligEsq will be an exceptional chair of the @CFTC. The agency plays a critical role in crypto and on-chain capital markets, and Mike is the right person to lead it. I shared more thoughts on his nomination with @pensionsnews. https://t.co/t3xymI2br3
pionline.com
The president named Michael Selig, chief counsel of the SEC’s Crypto Task Force and senior adviser to the chair, as the new nominee for CFTC chair.
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Excited to speak at @SolanaConf Breakpoint in Abu Dhabi, Dec 11-13! Looking forward to connecting with the community and discussing what's next for crypto. Don't miss out – register now 👉 https://t.co/QkhMxeP452
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We are so happy to have you join us @pmwnyc!
A few weeks into my role as General Counsel at @solanainstitute, and I can genuinely say I’m thrilled to be working with some of the brightest people in the industry to shape policy and engage with regulators—hopefully even convince a few along the way. Lots more to come!
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Today is the end of an Era. For the past two years I have served as Senator Lummis’s Bitcoin and AI advisor, but today my time in the Senate comes to an end. It has been the most rewarding work of my life. We successfully flipped the paradigm in Bitcoin policy from Defense to
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Today @SolanaInstitute submitted a response with @fund_defi and @paradigm to @USTreasury's request for input on its efforts to identify and evaluate innovative methods for detecting and mitigating illicit finance risk involving digital assets. 🧵Here's what we said.
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A few weeks into my role as General Counsel at @solanainstitute, and I can genuinely say I’m thrilled to be working with some of the brightest people in the industry to shape policy and engage with regulators—hopefully even convince a few along the way. Lots more to come!
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Today I’m sharing an open letter to Democratic Senate offices urging them to reject Democrats' proposed DeFi framework and preserve the developer protections at the heart of the CLARITY Act. Code is speech. Publishing software is not a crime.
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Chris is spot on. @MikeSeligEsq is a cross jurisdictional expert, having worked @CFTC (under Giancarlo) and @SECGov (under Atkins). He deeply understands the CEA and, more importantly, the important harmonization and crypto challenges that await a Chair. Also a great guy. :)
The U.S. would be lucky to have @MikeSeligEsq as @CFTC Chair. And yes, he’s one hell of a guy. https://t.co/DaTcbwOEOb
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Over the last hour, Solana's network demonstrated resilience under extreme demand: - Raw transactions spiked to 6-10k per second - Utilization reached up near 60 CUs per block - Median transaction fees remained low
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The Trump administration is preparing a crackdown on liberal political groups — including the funding arm of the Democratic Party — that will utilize the FBI, DHS, IRS and Treasury and Justice departments
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The proposal is an unserious attempt to restrict DeFi instead of embracing legitimate safeguards to allow decentralized innovations to flourish in the U.S.
News: Senate Democrats sent Republicans their first legislative offer this week for market structure. Democrats offered provisions on decentralized finance on Wednesday, the thorniest policy area. The two sides are far apart, but it's a starting offer. PBN texts has the doc >>>
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If the market structure bill landed on developer protections at a midpoint between where the bill currently is, and where this new proposal planted a flag, that midpoint would be worse than anything Gensler cooked up The RFIA draft is the most accurate dev treatment ever in leg.
1/ Senate Democrats are trying to kill market structure. A group just sent a counter-proposal to the RFIA and it is deeply unserious. These Senators claim to be pro-crypto, but what they propose is basically a crypto ban. It's hard to imagine a good deal happening right now 🧵
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As @jchervinsky points out, this proposal is a barely reheated version of the previous Warren-led efforts to ban DeFi and create a financial surveillance system so expansive even China would tell us to maybe chill out. Hopefully not serious, or if serious, disgusting.
12/ It's hard to believe Dems really want any of this. It strikes like politics, not policy. The proposal might say "we want these changes," but it seems to mean "we want to vote against market structure and we aren't willing to engage in good faith at this time." For shame.
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