BIG Shifts in U.S. Bitcoin Policy: IRS Rollbacks and Strategic Reserve Plan

02/04/2025 38 min Episodio 159
BIG Shifts in U.S. Bitcoin Policy: IRS Rollbacks and Strategic Reserve Plan

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Episode Synopsis

In this episode, Demian Schott welcomes Yaël Ossowski of the Consumer Choice Center and Bitcoin Policy Institute to break down major shifts in U.S. Bitcoin policy. Yaël explains how Congress’s repeal of the IRS’s DeFi broker rule is a win for privacy and innovation, and why a de minimis tax exemption is key to using Bitcoin as real money. He outlines budget-neutral strategies to grow the Strategic Bitcoin Reserve and highlights the need for stablecoin legislation, money transmission reform, and the Keep Your Coins Act. With real momentum in Congress and agencies, Yaël shares why he’s optimistic that lasting reforms are finally underway to protect self-custody and unleash Bitcoin as a parallel monetary system. 📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H 📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm. ▶️ Subscribe and turn on notifications for TBL on YouTube.📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch ⛓️ ₿lock Height 890456 ⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected] Bhatia's Twitter: https://twitter.com/timevalueofbtcCreative Director Matthew Ball's Twitter: https://twitter.com/matthewrballResearcher Demian Schatt's Twitter: https://x.com/demianschatt Chapters:00:00:00 Understanding the IRS DeFi Broker Rule and Its Repeal00:04:20 The Importance of Seed Phrase Security  00:08:35 Tax Policy and Bitcoin Adoption00:12:39 Cryptocurrency Lobbying in DC  00:16:50 Strategic Bitcoin Reserve and Policy Focus00:21:00 Bitcoin Adoption by Major Companies  00:25:11 Precautionary Principle in Innovation00:29:27 Understanding Bitcoin's Decentralized Network  00:33:44 Navigating Bitcoin's Legal Challenges00:37:51 Farewell and Future Bitcoin Insights
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