Jerry Brito, who helped found the Coin Center, a nonprofit research and advocacy group, is resigning at the end of the year.
Coin Center’s senior policy advisor, Robin Weisman, is also resigning, Brito said. mail On Monday. Both will remain on the organization’s board of directors and will advise the team moving forward, Brito said.
“I am very proud of what we have accomplished over the past 10 years and will be leaving my role at Coin Center,” Brito said. “When we started in 2014, it wasn’t clear whether governments would allow Bitcoin to flourish. Bitcoin and cryptocurrencies are technically unstoppable, but they could do a lot of damage in the short term, and many people tried to do this. . “
According to the post, head of research Peter Van Valkenburgh will assume the role of Brito’s managing director on January 1, 2025. Policy Advisor Landon Zinda will become Policy Director. Antonie Hodge, director of operations, and Neeraj Agrawal, director of communications, will also expand their roles in fundraising and management, Brito said.
Coyne Center worked on a number of issues in Washington. An organization is in the following situation: legal battle Starting in 2022, we have established cryptocurrency tax reporting requirements with the US Internal Revenue Service. This means that individuals and businesses that receive more than $10,000 in cryptocurrency must report their personal information to the government.
The organization has previously be sued The U.S. Treasury sued Tornado Cash for sanctioning trade mixer Tornado Cash. Coin Center said the Ministry of Finance said. “Tornado Cache exceeded its statutory authority because it was used to complete a function that did not involve ‘property in which a foreign country or its nationals have an interest.’”
Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.
© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.
About the author
Sarah is a reporter for The Block covering policy, regulation and legal events. Previously, Sarah was a reporter covering securities regulation at CQ Legal, where she first began reporting on cryptocurrencies. Sarah has also written for The Bond Buyer and American Banker, among other financial publications. She graduated from the University of Missouri with a degree in Print and Digital Journalism. Sarah lives in Washington, DC and is an avid coffee lover. You can follow her on Twitter @ForTheWynn.