February 22, 2021

The Honorable Xavier Becerra

California State Capitol

SENT VIA EMAIL

Dear Attorney General Becerra,

On behalf of the Blockchain Advocacy Coalition, an organization of blockchain and virtual currency businesses in California, I write to bring to your attention a pending federal regulation that would preempt and refute many of the important privacy protections your office has led the nation on. On December 18, 2020 the US Treasury led by Steve Mnuchin, released a concerning proposed rule that would put into place first of its kind reporting requirements for virtual currencies and digital assets. The agency initially proposed…

Ally Medina

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