Unpacking Policy Issues at Consensus 2023


We’re lastly right here: Consensus 2023. The group has packed it stuffed with policy-related periods. We’ll hear discussions starting from international regulatory coverage round crypto to how business and lawmakers alike are approaching the query of privateness and privateness instrument utilization in crypto. I’m touchdown in Austin, Texas, at this time (Tuesday) – shoot me a word, perhaps we’ll meet up. Reminder: you may nonetheless purchase a discounted ticket, together with a digital ticket for those who’re not in Austin.

You’re studying State of Crypto, a CoinDesk e-newsletter trying at the intersection of cryptocurrency and authorities. Click here to enroll in future editions.

The narrative

CoinDesk is internet hosting a Policy Summit on Friday particularly targeted on regulatory and associated points inside the business.

Why it issues

What is going on? That’s a query we’ll be discussing throughout the week.

Breaking it down

It’s been a nasty 12 months for crypto. Celsius Network suspended withdrawals on June 12 final 12 months, the day after Consensus 2022 ended. Since then we’ve seen quite a few different bankruptcies, the collapse of the FTX trade and elevated consideration from policymakers watching 1000’s of their constituents lose entry to tens of millions of {dollars}’ price of crypto.

Since then the U.S. Securities and Exchange Commission has ramped up its efforts to police the sector, whereas U.S. financial institution regulators have begun issuing statements and steering warning firms beneath their cost to watch out round crypto (to say the least). The European Union has lastly authorised the Markets in Crypto Asset (MiCA) laws that is been within the works for years, and member governments are quickly going to implement the multinational framework. Regulators in locations together with Hong Kong and the U.Okay. are revisiting how they strategy crypto.

There’s additionally this sharp distinction between the U.S., the place lawmakers are nonetheless discussing and debating crypto points with out transferring laws, and different areas the place we’re seeing agency legal guidelines and extra steering tailor-made to the crypto sector.

We’ll hear about all of those points throughout the coverage summit this week.

I’ll be moderating 4 periods: one-on-one discussions with Coinbase Chief Legal Officer Paul Grewal, New York Department of Financial Services Superintendent Adrienne Harris and Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero; and our annual Lawmaker Town Hall with House Financial Services Committee Chairman Rep. Patrick McHenry (R-N.C.) and Senator Cynthia Lummis (R-Wyo.).

We’ll additionally hear from Bahamas Prime Minister Philip Davis, Binance Financial Crime Compliance Head Tigran Gambaryan and even Captain Kirk, aka William Shatner.

Watch CoinDesk’s web site for protection all through the week if you cannot make it your self, and in case you are current, come say hello!


  • First day of CoinDesk’s Consensus 2023!


  • 18:00 UTC (2:00 p.m. ET) The House Agriculture Committee will maintain a subcommittee listening to on crypto.
  • 18:00 UTC (2:00 p.m. ET) The House Financial Services Committee will maintain a subcommittee listening to on crypto.


  • 15:45 UTC (10:45 a.m. CT) CoinDesk’s Consensus 2023 Policy Summit kicks off.
  • (The Atlantic) Buzzfeed News, regardless of the dad or mum website’s propensity for quizzes and different enjoyable issues, did some actually vital reporting (to not point out the weird crypto stuff). It’s a real pity it is closing, and I hope its reporters discover locations that can allow them to proceed doing what they’re good at.

If you’ve acquired ideas or questions on what I ought to focus on subsequent week or another suggestions you’d prefer to share, be happy to e mail me at nik@coindesk.com or discover me on Twitter @nikhileshde.

You also can be a part of the group dialog on Telegram.

See ya’ll subsequent week!

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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