Never underestimate NY. @nyknicks NBA 🏆 @jalenbrunson1 🐐 Never say never. 🔥

NEW YORK, AT LAST! 🗽 FOR THE FIRST TIME SINCE 1973, THE KNICKS ARE NBA CHAMPIONS 🏆

this is the moment.

there's a storm brewing in new york that has nothing to do with rain, let's go knicks 💙🏀 @nyknicks

Every time I come to Korea, I spend time with builders and startups. No country in the world has such an innovative, technology-forward culture. The talent is incredible and the enthusiasm is unbelievable. This could be the next wave of innovation for South Korea. South Korea has the license to become a top digital asset hub. Thanks to 3ProTV for having me on to discuss: 서울에서의 좋은 대화. 한국의 혁신 생태계에 대해 제가 느낀 점입니다. 한국을 방문할 때마다 스타트업 창업자들과 빌더들을 꼭 만나 시간을 보냅니다. 이처럼 혁신적이고 기술 중심적인 문화를 가진 나라는 세계 어디에서도 찾아보기 어렵습니다. 뛰어난 인재들이 많고, 열정 또한 놀라울 정도입니다. 이러한 에너지가 한국 혁신의 다음 물결을 만들어낼 수 있다고 생각합니다. 한국은 최고의 디지털 자산 허브로 도약할 잠재력을 갖추고 있습니다. 좋은 대화를 나눌 수 있도록 해주신 3ProTV 에 감사드립니다.

This week, CCI filed two comment letters with @FinCENNews on its proposed rules to modernize the Bank Secrecy Act and set AML/CFT and sanctions standards for stablecoin issuers. CCI supports both risk-based frameworks and offers targeted recommendations to ensure the final rules are operationally workable. Key points ↓

When we see CLARITY signed into law, there better be a big gold chair in the middle of the front row for @patrickjwitt . Heroic work being done to get this over the finish line.

At today's CCI and @SoFi Senate briefing, we discussed the cost of regulatory ambiguity for digital assets and how the Clarity Act would provide certainty for businesses and real protections for consumers. The EU, Singapore, UAE, and other jurisdictions already set their rules ahead of the U.S. The numbers don’t lie. 88% of centralized exchange volume and 81% of crypto developers are outside the U.S. This is why the Clarity Act is needed—the time is now. Thank you to members Matt Cameron (SoFi), @robinrcook (@coinbase), @Collin_McCune (@a16z), & moderator CCI's Freddy Barnes.

That's a wrap on our annual digital asset summit in London, hosted with @LathamWatkins and @GlobalDigitalFi and led by our UK Policy Lead Laura Navaratnam. Thank you to the regulators and policymakers from @HMTreasury, the @bankofengland, and the @TheFCA for a frank and constructive conversation on moving the UK regime from designing the rules to making them work in practice. And thank you to the industry experts who shared how firms are putting it into practice across payments, stablecoins, exchanges and digital assets: @binance, @Bitpanda, @circle, @coinbase, @Fireblockshq, @krakenfx, @meshpayments, @moonpay, @PayPal, @Schroders, @Stripe, @TRMLabs.

CCI congratulates Brian Johnson on his nomination to serve as Director of the Consumer Financial Protection Bureau (CFPB). Statement from our CEO @_jikim follows

OmG.

KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN. KNICKS WIN.

.@taylorswift13 pls come to game 5. Knicks in 5.

no words.

We’ve been keeping this one a secret. In honor of tonight’s game… LET’S GO KNICKS!! 🏀

Last night I had the privilege of moderating a fireside with @nyknicks legend @ALLAN_HOUSTON . We discussed leadership, entrepreneurship, purpose, and the challenge of building a legacy that extends beyond the game. Particularly through the lens of his new fashion brand FISSL, and a partnership with @espn for a capsule collection. Fun fact: Allan told me he hasn’t finished Iceman yet, but loved that Drake chose the title because his favorite basketball player of all time is George “Iceman” Gervin.

Last year @Coinbase alone submitted 1099s for hundreds of millions of transactions under $100. We have real solutions on the table to reduce the clutter and sharpen the IRS's focus on what they should be focused on - large transactions that produce higher income. Thank you to Chairman @RepJasonSmith and @WaysandMeansGOP for dedicating time today to a bipartisan discussion on the tax treatment of digital assets, and thanks to @repkevinhern for his thoughtful questions to my colleague @LawrenceZlatkin at the hearing.

Today, CCI sent a letter thanking the Ways & Means Committee for its work advancing digital asset tax legislation. The case for moving ahead is a competitive one: tax ambiguity drives talent, capital, and infrastructure abroad. We look forward to continuing to work towards a tax framework that serves taxpayers, supports U.S. competitiveness, and reflects the economic realities of digital assets. Our letter:

The House Ways and Means Committee held a hearing on digital asset tax policy today. With market structure advancing in the Senate and stablecoin rules in implementation, tax is the critical third leg of the digital asset policy stool. cryptoforinnovation.org/ways…