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Peter Van Valkenburgh voiced concern about increasing difficulty in protecting developers who do not have control over platforms from what he considers inappropriate regulatory demands and prosecution.
Van Valkenburgh highlighted the challenge of defending these developers, raising issues about the scope and impact of regulatory requirements in the crypto sector.
Van Valkenburgh has previously called for monitoring solutions that account for self-custodied crypto assets over extended periods, according to a recent analysis. He has also questioned whether tax preparer associations were equipped to respond to the emergence of Turbo Tax amid industry lobbying efforts, as noted in an earlier report. The recent comments follow ongoing discussions around the regulatory treatment of crypto sector participants.