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ON VACATION Nikhilesh De Profile picture
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4 Jan, 6 tweets, 2 min read
A huge chunk of the public comments on the FinCEN rule claim it violates the 4th Amendment. Anyone able to say how accurate that is? My guess is FinCEN's lawyers would have checked for that but I am not a lawyer so would appreciate confirmation/refutation
My hot take is the old regulations.gov site > beta.regulations.gov because it shows you comment previews
A lot of these comments are just some variation of "I don't like it"
Someone wants FinCEN to look into Tether regulations.gov/document?D=FIN…
Commenter tells other commenters not to use their real name (you can submit anonymously) regulations.gov/document?D=FIN…
Presented without comment regulations.gov/document?D=FIN…

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More from @nikhileshde

ON VACATION Nikhilesh De Profile picture
4 Jan
Last year President @realDonaldTrump nominated acting @USOCC Comptroller @BrianBrooksOCC to a full 5-year term. As I understand it, that nomination expired at the end of last year. On Jan. 3, Trump re-nominated Brooks to a full term again whitehouse.gov/presidential-a…
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ON VACATION Nikhilesh De Profile picture
9 Nov 20
Had some technical difficulties but I am now tuned into #bitcoinforadvisors, where @Liqquidity is interviewing @eervin1, @jdorman81 and @DaveNadig about bitcoin ETFs
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ON VACATION Nikhilesh De Profile picture
30 Jun 20
Hey folks. There will be a hearing today in 30 minutes and I'm going to live-tweet it for @CoinDesk. You know the drill, thread starts here. Preview: coindesk.com/witnesses-will…
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ON VACATION Nikhilesh De Profile picture
11 Jun 20
SOON: I'll be live-tweeting today's @FSCDems / @FinancialCmte hearing on FedAccounts and digital tools for stimulus payments with @iamsandali. You know the drill, thread for @CoinDesk starts here in 45 minutes 👇 #CryptoInDC
I've written a lot of digital dollar articles huh
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ON VACATION Nikhilesh De Profile picture
3 Mar 20
Next topic is calculating fair market value. Wang of the AICPA said she recommends the IRS set out some specific guidance on how to calculate FMV (and referenced @coindesk's Bitcoin Price Index in the process) #IRScrypto
There needs to be some guidance around what a qualfied appraiser is or looks like, Wang says #IRScrypto
Say you're donating 1 BTC. It's > $5,000 so you'd maybe need an appraiser but why not just average the price on some exchanges, an audience member asks #IRScrypto
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ON VACATION Nikhilesh De Profile picture
3 Mar 20
Good morning folks. The IRS is holding a crypto summit today and I'll be attending for @coindesk. Thread starts here. Need some context? Here ya go: coindesk.com/the-irs-is-inv… #IRScrypto
Here's today's agenda #IRScrypto
We haven't formally begun yet, but some audience members are asking questions they'd like to see addressed. One member asked if the IRS would respond to the GAO report (see: coindesk.com/irs-refused-to…) #IRScrypto
Read 102 tweets

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