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Today, the Blockchain Association submitted a comment letter urging the Department of Treasury (Treasury) to extend the comment period for its notice of proposed rulemaking (NPRM) entitled “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets.” In addition to the comment letter, the Association’s counsel, former Solicitor General Paul Clement, sent a letter to Secretary Mnuchin requesting a deadline extension.

In its comment, the Association argues both that the NPRM is procedurally defective and that Treasury should extend the comment period for the NPRM to at least 60 days so that the public can provide substantive and meaningful feedback. …


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