• Monitor legislative and regulatory proposals regarding cryptocurrency, including S.4760, Digital Commodities Consumer Protection Act of 2022, and H.R.6727, To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the persons own use, and for other purposes; educate Members on Coinflips business model.
• Discuss tax proposals in H.R.5376, Inflation Reduction Act; monitor implementation of H.R.3684, Infrastructure Investment and Jobs Act.

Duration: December 18, 2020 to April 1, 2023

General Issues: Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Banking

Spending: about $660,000 (But it's complicated. Here's why.)

It can be tricky to figure out how much an organization spent on a particular lobbying engagement. The law only requires lobbyists to report the amount they were paid for federal lobbying each quarter rounded to the nearest $10,000—and if it's less than $3,000 in a given quarter (or less than $13,000 for organizations with in-house lobbyists), they don't have to disclose it at all. Plus, some organizations include spending that doesn’t belong in the report—for instance, money spent lobbying state governments or other legal work.

Agencies lobbied since 2020: U.S. Senate, House of Representatives, Treasury - Dept of