• Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121) - new accounting requirement for digital-asset custody.
• S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121. H.J. Res. 109 - rescinds SAB 121.
• S. 4356 - Lummis-Gillibrand Responsible Financial Innovation Act - comprehensive crypto bill; Securities and Exchange Commission's Staff Accounting Bulletin No. 121 (SAB 121); H.R. 4766, Clarity for Payment Stablecoins Act; H.R. 4763, Financial Innovation and Technology for 21st Century (FIT) Act - comprehensive crypto legislation; AML legislation (S. 2355 Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2355, Digital Asset Anti-Money Laundering Act (DAAMLA)); H.R. 5741, the Uniform Treatment of Custodian Assets Act - rescinds SAB 121; Broker Disclosure Requirements from Public Law 117-58; H.J. Res. 109 - rescinds SAB 121; IRS Proposed Broker Disclosure Rule - disclosure requirements digital asset "brokers"
• IRS Proposed Broker Disclosure Rule - disclosure requirements digital asset "brokers"

Duration: June 22, 2022 to present

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

Spending: about $740,000 (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 2022: U.S. Senate, House of Representatives, Securities & Exchange Commission (SEC), White House Office, Treasury - Dept of, Federal Reserve System, Internal Revenue Service (IRS), Office of the Comptroller of the Currency (OCC)