Tom Emmer

Emmer, Soto Reintroduce Legislation to Clarify ‘Money Transmitter’ Designation

The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Policy & regulation  ·  17 August 2021

State of Crypto: Inside the NRCC’s Plan to Accept Crypto Donations

The NRCC will soon accept crypto donations because Republican donors requested the payment method, the campaign committee's chair said.

Policy & regulation  ·  29 June 2021
IRS

Emmer, Congressional Blockchain Group Ask IRS to Revise Guidance on Charitable Crypto Donations

The lawmakers say the amount of a donation should depend on free market value, not an appraiser’s determination.

Policy & regulation  ·  11 June 2021
Tom Emmer

US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking

Out of 31 nations, only five have tax guidance addressing cryptocurrency rewards via staking, a study found.

News  ·  4 February 2021
Tom Emmer

New Bipartisan Bill Would Classify Digital Tokens as Commodities, Not Securities, in US

A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.

Policy & regulation  ·  24 September 2020
Tom Emmer

US Lawmakers Advocate for Blockchain Use in COVID-19 Relief Efforts

Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.

News  ·  2 September 2020
BitPay

US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign

Rep. Tom Emmer of Minnesota will accept crypto donations for his campaign, facilitated through BitPay.

News  ·  20 August 2020
Federal Reserve

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.

Policy & regulation  ·  17 June 2020
Regulation

Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks

U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.

Policy & regulation  ·  15 May 2019
IRS

21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

Policy & regulation  ·  11 April 2019
Regulation

US Lawmaker Reintroduces Bill Seeking ‘Safe Harbor’ for Some Crypto Startups

Rep. Tom Emmer has re-introduced a bill hoping to provide crypto startups which do not store users' tokens exemptions from state-level money transmission laws.

Policy & regulation  ·  16 January 2019
Regulation

US Congressman Drafts Bills to Aid Blockchain Development

U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.

Policy & regulation  ·  21 September 2018
Regulation

US Congressman: SEC’s Stance on Ether Is ‘Encouraging’

Republican Congressman Tom Emmer has praised the SEC for its recent comment indicating that ether is not a security.

Policy & regulation  ·  22 June 2018
Tom Emmer

Crypto Is a ‘Crock’? Twitter Reacts to House ICO Hearing

Despite the overall measured tone of Wednesday's House ICO hearing, a couple lawmakers' comments set Twitter aflame.

Markets  ·  14 March 2018
Regulation

US Rep: Congress Must ‘Push Back’ Against Blockchain Overregulation

"Keeping the dogs at bay" is Rep. Tom Emmer's goal. The Congressional Blockchain Caucus member worries overzealous regulation could stifle innovation.

Policy & regulation  ·  9 March 2018