Jason Schwartz

Tax expert Jason Schwartz, a partner at CahillNXT specializing in digital assets, shares vital insights into the new IRS safe harbor for crypto ETFs. He explains how this allows staking within grantor trusts without reclassification as corporations. The discussion covers key safe harbor criteria and the implications for various stakeholders, including investors and issuers. Jason also raises intriguing questions about distribution rules, liquidity reserves, and potential alternative strategies like liquid staking tokens, addressing the uncertainties that remain.

Miller Whitehouse-Levine, who drives the DeFi Education Fund's mission, and Jason Schwartz, a tax expert at Fried Frank specializing in digital assets, shed light on alarming IRS tax proposals that threaten the future of cryptocurrency in the U.S. They discuss the broadening definition of 'broker' and its implications for the DeFi sector. The duo urges listeners to voice their concerns to influence regulatory changes and protect the decentralized finance space from impending restrictions. Immediate action is crucial as these rules could disrupt the entire crypto ecosystem.

J.W. Verret, an Associate Professor of Law specializing in securities and banking law, teams up with Jason Schwartz, a tax partner and co-head of the Digital Assets and Blockchain Practice at Fried Frank. They dive into Friend.tech, discussing whether the platform's 'keys' could be classified as securities. The conversation delves into tax implications for users, from gains to airdrops, and challenges surrounding privacy on the app. They also explore how Friend.tech differs from previous attempts at decentralized social media and ponder its future impact.