Solana, Ethereum, XRP, Bitcoin, and others have all achieved clarity under current law.

And we can write tax laws that treat the on-chain economy in the right ways.

We would be able to write a A-plus bill with market structure, but I still think we can get

at least an A-minus bill without market structure.

We have a very special guest who's actually been really active in thinking about the tax

issues and working with house ways and means. Colin McLaren, who's the head of government

relations from the Solana Policy Institute, is joining us. Welcome, Colin.

Hey there, guys. Thank you all for having me. Thanks for being here. So why don't you give us a little preview of what you've been working on and where House Ways and Means is going?

We've seen certain drafts circulating, but give us the lay of the land on crypto tax.

Yeah, and to go back to your prior points about how important crypto tax is to the ecosystem

and to crypto innovation happening here in America, we can go back to early last year when

the broker rule CRA was passed most bipartisan Congressional Review Act in history, which overturned

an IRS guidance around designating DFI

front ends and other actors in the DFI space as brokers.

That was an incredible move that ensured that DFI could be built here in America without

unnecessary and burdensome regulation.

So what we're going to see now is a continuance of that by Congress and by the Trump

administration to ensure that we are decreasing frictions for innovation here in the United

States.

I think we've seen House Ways and Means really working hard, bringing together a roundtable

of CEOs just a few weeks ago to discuss the important issues

at play in tax. We also saw Congressman Miller and Congressman Horsford come forward with their

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