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Angela Walch: A Realist’s View of the Infrastructure Bill
Walch was a key voice in the recent debate over the infrastructure bill and its cryptocurrency-related tax-reporting provision.
ABOUT
This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson talk to Angela Walch, a professor at St. Mary’s University School of Law in San Antonio and a research associate at the Centre for Blockchain Technologies at University College London.
This episode is sponsored by Unique One Network.
An original and independently minded commentator on the crypto industry, Walch was a key voice in the recent debate over the infrastructure bill and its cryptocurrency-related tax-reporting provision. Walch testified before the U.S. Senate about the increasingly systemic role played by cryptocurrencies and why the legislation shouldn’t be rushed.
She wrote an op-ed for CoinDesk saying the “process being used to regulate crypto through an unrelated bill on infrastructure is deeply flawed and risks increasing rather than reducing harms to the public.”
On our show, Walch shared her experience talking to the legislators and why the most controversial part of the bill may not have been as unfair as the industry has claimed. The bill suggests that anyone who facilitates crypto transactions should be considered a broker for the legal and tax purposes.
Should crypto miners actually be considered brokers? Are large crypto celebrity investors doing the industry a favor in their advocacy? What is the best way forward for crypto regulation in the U.S.?
Listen to Ben, Anna and Danny discuss these and some other burning questions with Angela Walch and watch out for her new coming op-eds on CoinDesk.
Angela Walch handle in Twitter: @angela_walch
Mentioned in this episode:
Angela Walch’s op-ed for CoinDesk: Congress, Don’t Rush Regulating Crypto
Angela Welch’s testimony in Congress, July 27, 2021: Cryptocurrencies: What are they good for?
HOSTS
Dan Ilett writes on tech, money and energy. He advises business on digital strategy and technology messaging for large deals. He is founder of Erbut - an advisory company - and Greenbang - a smart technology research company.

Anna writes about blockchain projects and regulation with a special focus on Eastern Europe and Russia. She is especially excited about stories on privacy, cybercrime, sanctions policies and censorship resistance of decentralized technologies.
She graduated from the Saint Petersburg State University and the Higher School of Economics in Russia and got her Master's degree at Columbia Journalism School in New York City.
She joined CoinDesk after years of writing for various Russian media, including the leading political outlet Novaya Gazeta.
Anna owns BTC and an NFT of sentimental value.

Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Benjamin Schiller is CoinDesk's managing editor for features and opinion. Previously, he was editor-in-chief at BREAKER Magazine and a staff writer at Fast Company. He holds some ETH, BTC and LINK.

Danny Bradbury has been a professional writer since 1989, and has worked freelance since 1994. He covers technology for publications such as the Guardian.

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