Fighting for the 67M Americans who own Bitcoin and crypto | @coinbase | Ex-Hill Staffer | @GWAlumni | NYC Born, Florida Raised 🇺🇸

Joined January 2013
Nick Carr 🛡️ retweeted
I commend Senator @SteveDaines for introducing the Aligning Digital Assets with Principles of Taxation Act. This bill has much in common with the Digital Asset Tax Certainty Act, which passed out of the Ways and Means Committee on a strong bipartisan vote. There is also clear momentum building to deliver tax certainty to digital asset owners and ensure America remains the crypto capital of the world.
Digital assets have moved into the mainstream, but the tax code hasn’t kept up. My bill would create clearer rules for stablecoins, network fees, staking and lending—while extending familiar tax rules like wash sales and constructive sales to digital assets.
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Important work by Senators Daines, Scott, Lummis, Moreno and @SenFinance on this. Tax clarity and certainty are crucial to 67M American consumers and businesses. More work to be done but great step forward.
It’s time to modernize the tax code, with clear rules for the age of digital assets in America. We're grateful to @SteveDaines, @SenatorTimScott, @SenLummis, @berniemoreno and @SenFinance for releasing their bill today on digital asset taxation. Current tax rules were not written with digital assets in mind, and we appreciate their work to modernize the tax code and establish clearer, more practical rules for taxpayers and businesses. xitter.cf/stevedaines/status/210…
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Nick Carr 🛡️ retweeted
The midterms are about 5 weeks away. Crypto isn't a partisan issue. It's about whether the next generation of financial technology gets built in America. Before you vote, check where your candidates stand: standwithcrypto.org
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Nick Carr 🛡️ retweeted
Coinbase is proud to be an original supporter of Trump Accounts. We're excited to increase economic freedom in the world by enabling our customers to grow wealth and financial independence at a pivotal time in their lives.
This morning, @coinbase submitted our response to the IRS’s request for guidance on implementing and expanding Trump Accounts. These accounts offer young Americans a meaningful head start on building wealth and embody Coinbase’s mission of increasing economic freedom. That’s why we’ve asked the IRS to allow beneficiaries to invest in widely traded digital assets or via funds with digital asset exposure. This would expand investment opportunities to the same broad categories eligible for Traditional IRAs, increasing diversification and financial opportunity for young Americans. A broader, product-neutral approach can expand choice, spur competition, and help more young Americans get ahead.
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Nick Carr 🛡️ retweeted
After a few days of reflecting on—and dissecting—everything that happened with CLARITY, one thing stands out as remarkable: the tireless work of dozens of staffers who cared deeply about getting this right. And among them is a small group who went above and beyond. They deserve our deepest gratitude. Some of the hardest parts of legislating happen between the headlines: endless drafts, competing priorities, hard red lines, and brinksmanship. That back-and-forth isn’t failure. It’s how serious bipartisan legislation gets stronger. Staffers rarely get the credit they deserve for that work. They put in countless late nights, wrestled with incredibly hard issues, and showed up every day to represent their Senators and their states. Public service is too often thankless. So thank you—to the staffers, and to everyone who read the text, engaged constructively, and called their Senators. Hope we can all keep showing up. That’s how we get clear rules for crypto.
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Nick Carr 🛡️ retweeted
crypto is not dead just ask @WaysandMeansGOP and @WaysMeansCmte, who together voted for H.R. 10357 "Digital Asset Tax Certainty Act" in a 38-5 vote today this effort sets a strong precedent and foundation for tax treatment of crypto for American consumers and businesses The work continues, thanks to all those who voted in favor
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Huge bipartisan progress today toward clear, common-sense crypto tax rules for American consumers and businesses. More work ahead, but a major step forward. Thank you @WaysandMeansGOP and @WaysMeansCmte for working together.
LIVE NOW: After more than a year of bipartisan work, the Ways and Means Committee is marking up the first-ever tax framework for digital assets, bringing much needed tax certainty to this growing part of our economy. xitter.cf/i/broadcasts/1nGeLMmZo…
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Nick Carr 🛡️ retweeted
The crypto industry needs a fair tax code. The Digital Asset Tax Certainty Act is a major step forward in achieving this.   This bill creates clear rules for entrepreneurs while also providing a pathway for crypto foundations to reenter the U.S. and adopt this new tax structure.  Thank you @RepJasonSmith, @WaysandMeansGOP, and @WaysMeansCmte for your bipartisan work on this bill.
LIVE NOW: After more than a year of bipartisan work, the Ways and Means Committee is marking up the first-ever tax framework for digital assets, bringing much needed tax certainty to this growing part of our economy. xitter.cf/i/broadcasts/1nGeLMmZo…
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One way or another, we’re getting clarity. That work continues today as the House Ways and Means Committee considers clear federal tax rules for digital assets. Onward.
The Senate has voted and we have a different type of clarity. It's time for agencies to step forward and for crypto voters to make their voice heard.
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Crucial day for 67M crypto owners in America.
Today we find out who stands for American leadership in finance - and who doesn't. The CLARITY Act delivers on every priority. - Ethics: clear rules and real accountability - Enforcement: full law enforcement support - Protection: critical guardrails for everyday Americans Huge thanks to all the Senators and millions of advocates for getting us to this point.
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Following a phenomenal @SALTConference, @AIPLeads held its annual retreat - our largest one yet. Grateful to spend time with 30 Members of Congress / candidates alongside some of the most innovative voices in crypto and tech. Looking forward to welcoming even more next year
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67M Americans want CLARITY once and for all.
Today’s message from @POTUS was clear: This Administration is committed to passing the Clarity Act — answering voters’ call for consistent rules for crypto. Regulators @SECPaulatkins and @chairmanselig are aligned, Congress has set a date, and the entire industry is ready to get this across the finish line. 67M Americans own crypto, and they want this legislation. I’m confident the Senate will listen. Contact your lawmakers today — let’s get this done!
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Nick Carr 🛡️ retweeted
Today was a big day in Washington for crypto. While Congress works from home this month, @realDonaldTrump, @MichaelSelig and @SECPaulSAtkins are keeping up the momentum in DC. Today’s meeting at the White House sent a clear message: the CLARITY Act is ready for a vote, and it’s happening on Sept 15. It’s time to pass this pro-consumer, pro-law enforcement, pro-bank, pro-crypto bill into law. Thanks @edhenry for the conversation.
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Nick Carr 🛡️ retweeted
Disappointing to see the @WSJopinion – usually a champion of free markets and competition – abandon serious analysis, defend regulatory moats and recycle bank association talking points. Stablecoin rewards are subject to multiple restrictions under CLARITY, and are tied to customer activity. There is no evidence to support the “deposit flight” claims: three independent studies (including one from the White House @CEA47) have looked at this exhaustively. Plus, there's the fact that stablecoins and bank deposits have grown side by side for years - even without the restrictions banks successfully lobbied for in the bill. CLARITY also doesn’t give DeFi a free pass for criminals. It draws a bright line between writing code and running a financial intermediary – while fraud, sanctions, and money-laundering violations remain fully prosecutable. Americans deserve durable federal rules. They also deserve a more serious take from the @WSJ. The Senate should pass CLARITY.
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1/ Today, we're launching ClarityForAmerica.com — a new website that helps companies, constituents, and crypto voters urge Senate leadership to bring the Clarity Act to the floor. Your voice. Your story. Your vote. 🧵 clarityforamerica.com/
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We've debated this for years. It's time for CLARITY. Consumers deserve protections. Builders deserve clear rules.
Lots of questions about if and when CLARITY passes. The answer is: at the point when policymakers realize that the perfect can't be the enemy of the good. We've been walking the halls for years to get to this moment. We welcome the dialogue and the hard questions, but it's time to get this done.
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This represents thousands of hours of work by Members of Congress and their staffs to deliver clear rules of the road for the 67M+ Americans who use crypto.
Thank you @SenatorTimScott, @SenLummis, and @JohnBoozman - along with senators and staff on both sides of the aisle - for taking a huge step today to advance the CLARITY Act. Major legislation requires real compromise, and while the industry did not get everything it wanted, this bill is an extraordinary achievement and strikes the right balance. By bringing emerging technology under a clear federal umbrella while preserving the gold-standard protections of the U.S. financial system, this bill represents a major legislative achievement that the Senate should pass without delay.
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Nick Carr 🛡️ retweeted
Thank you @SenatorTimScott, @SenLummis, and @JohnBoozman - along with senators and staff on both sides of the aisle - for taking a huge step today to advance the CLARITY Act. Major legislation requires real compromise, and while the industry did not get everything it wanted, this bill is an extraordinary achievement and strikes the right balance. By bringing emerging technology under a clear federal umbrella while preserving the gold-standard protections of the U.S. financial system, this bill represents a major legislative achievement that the Senate should pass without delay.
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Nick Carr 🛡️ retweeted
For the past year, I have worked diligently to get the Clarity Act passed, fulfilling President Trump’s vision to make the U.S. the crypto capital of the world. Last week, it was reported that I was set to leave for mandatory training as part of my service in the Georgia Army National Guard, right before Clarity hits the Senate floor. While I remain committed to fulfilling my service obligation, I am grateful to report that my training has been deferred, and that I will be able to see this effort through to the end. Thanks to @POTUS and @DavidSacks for the opportunity to continue this important work and to everyone who reached out last week. Let’s finish the job. 🇺🇸
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