Michele Korver @MicheleKorver Twitter profile

Last Seen Profiles

@hooay_najjd

@SwaggerThomas2

@haruren0302

@VIIPERIN4

@anuragbisen

@AtuasGift

@soarzman

@ShyTger

@daily_fabio

@badtets

@Souljockvikram

@OlumideAkpata

@and_protein

@bamm_bamm__

@jandakembangstw

@stw_pdg

@BrownofColour

@titech_ngsk

@negrobue3cores

@VFCPL

@jandakembangstw

@Pablia2D

@rr_rrss95

@ringo_1046

@CracoviaKonrad

@Neverroninn_

@uni_908

@Eliakim378

@bokeplokalmalam

@kcfetchwrites

@pa_ketua

@PontosdeFunk

@eddyballe_

@PasutriAsli2

@sarasim

Michele Korver

@MicheleKorver

2 years

After 27 years in government and law enforcement, most recently as the Chief Digital Currency Advisor at FinCEN, I’m joining @a16z crypto as Head of Regulatory.

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Michele Korver

@MicheleKorver

2 years

It's clear to me that web3 and its underlying crypto technology can solve critical challenges of national importance. I’ve devoted much of my career to helping policymakers understand the power and potential of this technology.

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Michele Korver

@MicheleKorver

2 years

I’m now excited to join @a16z crypto and work directly with web3 projects to help them thrive in a rapidly-developing regulatory environment. a16z crypto was an early supporter of crypto and web3, and I’ve long admired their team and the visionary entrepreneurs they’ve backed.

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Michele Korver

@MicheleKorver

1 year

Today, the U.S. District Court in Austin granted our motion to file an amicus curiae brief in the Tornado Cash case. You can read it here 👇

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Michele Korver

@MicheleKorver

2 years

But first, I’m taking a little break! And then I’m excited to get started @a16z in mid-April.

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Michele Korver

@MicheleKorver

2 years

This week we responded to a request for comment from @USTreasury on illicit finance in crypto markets. There's already a lot of great work in web3 to mitigate risks, and we've laid out a handful of considerations.

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Michele Korver

@MicheleKorver

2 years

We're encouraged by the bipartisan introduction of the DCEA bill, which recognizes many digital assets are not securities.

House Committee on Agriculture

@HouseAgGOP

2 years

Today, @HouseAgGOP Leader @CongressmanGT is joined by @RepRoKhanna , @RepTomEmmer , & @RepDarrenSoto in introducing the bipartisan Digital Commodity Exchange Act, or #DCEA – a framework for regulatory certainty in digital commodity markets. Full release 👇

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Michele Korver

@MicheleKorver

8 months

1/Yesterday, @a16zcrypto filed a comment letter to FinCEN responding to their “Proposal of Special Measure Regarding CVC Mixing as a Class of Transactions of Primary Money Laundering Concern.” 🧵

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Michele Korver

@MicheleKorver

2 years

Tough fights ahead from a reg perspective. Tonight I re-read my departure plaque from the DOJ : "Never doubt that a small group of thoughtful, committed citizens can change the world; indeed it's the only thing that ever has." - Margaret Mead. Let's roll.

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Michele Korver

@MicheleKorver

2 years

We support another thoughtful and bipartisan crypto bill. The bill introduced by @SenatorSinema & @SenToomey is an excellent example of forward thinking crypto legislation, which is critical to keeping the U.S. as the hub of innovation and web3 leadership.

Crypto Council for Innovation

@crypto_council

2 years

We applaud the bipartisan leadership of @SenToomey and @SenatorSinema . With 1 in 5 Americans holding or using crypto, greater regulatory clarity will support the industry's next stage of growth.

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Michele Korver

@MicheleKorver

2 years

In @a16z crypto's latest web3 podcast, @jai_ramaswamy and I sat down with @smc90 to discuss the Treasury Dept's sanction authority, and all of the relevant players given the past week's events. A few takeaways from our conversation - a quick 🧵

web3 with a16z crypto

with @michelekorver @jai_ramaswamy @smc90 We tease apart the facts vs buzz around recent news -- Tornado Cash sanctions, and arrest of a suspected developer -- including what's novel and what's not,...

web3-with-a16z.simplecast.com

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Michele Korver

@MicheleKorver

2 years

1/3 Preserving privacy in web3 and every day financial activities is as essential as oxygen. Here are some ideas for enabling privacy in crypto, while weeding out the bad actors.

Achieving Crypto Privacy and Regulatory Compliance - a16z crypto

Potential solutions for preserving privacy and mitigating illicit finance in web3 using zero knowledge proof technology for supporting private transactions.

a16zcrypto.com

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Michele Korver

@MicheleKorver

10 months

This week, we filed a comment letter with the Department of the Treasury and the IRS in response to their proposed digital asset broker reporting rules. While we believe that a stable tax regime for the crypto industry is important, the Proposal would not

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Michele Korver

@MicheleKorver

8 months

On Monday, a16z responded to the CFPB’s request for comment on their proposed rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.” In our filing, we urged the CFPB to more narrowly define the market it seeks to supervise and to

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Michele Korver

@MicheleKorver

10 months

Signed this.

Blockchain Association

@BlockchainAssn

10 months

Today, a coalition of digital asset industry companies and entrepreneurs with U.S. military and national security backgrounds sent a letter to members of @SenateBanking @BankingGOP and @FinancialCmte @FSCDems to address and clarify misperceptions about illicit finance and money

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Michele Korver

@MicheleKorver

8 months

Treasury and IRS announce that businesses do not have to report certain transactions involving...

IR-2024-12, Jan. 16, 2024 WASHINGTON — The Treasury Department and Internal Revenue Service today issued an announcement informing businesses that they do not have to report the receipt of digital...

www.irs.gov

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Michele Korver

@MicheleKorver

2 years

We’re here, we’re there, we’re every fucking where. @visitrichmond1 #tedlasso

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Michele Korver

@MicheleKorver

1 year

First drop of CSS'23 content this morning! Learn about: web3 & how we got here - @cdixon protocol design: why and how - @eddylazzarin pricing 101 - @meigga cryptography for blockchains - @danboneh leadership in web3 - @Mclader

How to build in web3: New talks from Crypto Startup School '23

30+ talks from Crypto Startup School '23, covering protocol design, go-to-market strategies for pricing, the basics of cryptography, and more.

a16zcrypto.com

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Michele Korver

@MicheleKorver

10 months

As Americans, we are so fortunate to have land and sea distance and protection - those in europe and eurasia are not so lucky. We need to pay attention to what the bear is and has been doing - without any int’l challenge! It’s not just Ukraine my friends. Pay attention.

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Michele Korver

@MicheleKorver

1 year

What a privilege to be the opening act today for this great American, @PatrickMcHenry .

ChainPatrol.io

@ChainPatrol

1 year

📸 Photo Snapshots Week 8 - Regulation and Policy @a16zcrypto

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Michele Korver

@MicheleKorver

2 years

a16z crypto welcomes thoughtful regulation of digital assets on behalf of the web3 community, which is seeking a clear path to compliance. Regulatory certainty should be a goal for every policymaker to help the US maintain its leadership in digital innovation.

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Michele Korver

@MicheleKorver

2 years

So excited to welcome @BrianQuintenz as our new Head of Policy. Game changer.

Brian Quintenz

@BrianQuintenz

2 years

Joining @a16zcrypto as an advisor was the first role I took upon leaving the @CFTC bc I believe in web3’s promise to give individuals ownership over their network participation and digital IP. Today I’m excited to join full-time as its new Head of Policy

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Michele Korver

@MicheleKorver

1 year

Thanks to @coinbase for organizing this meaningful event. Now let’s mobilize the 52M. #StandWithCrypto

Kara Calvert 🛡️

@karacalvert

1 year

🚨It’s go-time, folks. Call your Congressperson TODAY to ask them to vote for #FIT21 and bipartisan stablecoin legislation. If they don’t know crypto, it may be awkward. But power through: it’s the only way to make your voice heard. Use callmaker here ➡️

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Michele Korver

@MicheleKorver

2 years

Hot off the presses, OFAC just released Frequently Asked Questions - Newly Added | U.S. Department of the Treasury re the Tornado Cash designations.

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Michele Korver

@MicheleKorver

2 years

5/ We're increasingly excited about the promise of NFTs. NFTs appear to be less susceptible to money laundering, and their very construct makes them easy to trace across the blockchain ecosystem and identify suspicious behavior patterns.

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Michele Korver

@MicheleKorver

2 years

2/ We believe that advancements in privacy-preserving tech can mitigate illicit finance risks. And by preserving Americans' privacy, we can keep them safe from unwanted surveillance by American adversaries and cybercriminals' attacks.

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Michele Korver

@MicheleKorver

1 year

This is fabulous…and the hair.

Adam McBride

@adamamcbride

1 year

“People will never use Crypto”

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Michele Korver

@MicheleKorver

2 years

3/ As my colleague @milesjennings has previously written, we believe that regulating the apps or companies, not the technology or software itself, is critical to supporting innovation in the U.S. and ensuring we remain a tech leader.

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Michele Korver

@MicheleKorver

2 years

6/ Finally, cybersecurity is critical. Web3 companies face it daily, and we're committed to helping. We ask the USG to consider the role they can play in incentivizing entities that create tech to make web3 more secure.

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Michele Korver

@MicheleKorver

7 months

Looking forward to working with the new cohort in London this spring!

a16z crypto

@a16zcrypto

7 months

It’s been five months since we opened applications for Crypto Startup Accelerator (CSX) Spring 2024 in London, and after reviewing and interviewing a huge pool of worthwhile candidates, we’re thrilled to announce that we’ve selected our final cohort of 24 early-stage companies.

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Michele Korver

@MicheleKorver

8 months

I am finding my new hobby of golf similiar to my journey as a crypto lawyer. Learning curve steep - moments of hitting the sweet spot keeps me going - much repetition/practice of fundamentals required.

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Michele Korver

@MicheleKorver

6 months

This!

miles jennings

@milesjennings

6 months

🚨Big News🚨Wyoming just enacted a game-changing law for web3. It creates a new entity for DAOs – the Decentralized Unincorporated Nonprofit Association (DUNA) – that’s been years in the making. @CowrieLLC and I provide everything you need to know below:

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Michele Korver

@MicheleKorver

8 months

Hooray!

Misha

@mishadavinci

8 months

total domination by @a16zcrypto

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Michele Korver

@MicheleKorver

7 months

I second this.

miles jennings

@milesjennings

7 months

This new paper proposes a compelling and novel solution for one of the most critical web3 regulatory challenges – illicit finance. Few thoughts on how this solution fits within the "Regulate Web3 Apps, Not Protocols" framework: TL;DR: The proposal fits within RANP and is

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Michele Korver

@MicheleKorver

3 years

@zooko Dude, I get it, but I’m as old as you are.

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Michele Korver

@MicheleKorver

8 months

2/Policymakers face the difficult task of striking a balance between Americans’ privacy interests and national security needs. But, FinCEN’s special measure tipped the scales entirely in favor of national security objectives.

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Michele Korver

@MicheleKorver

2 years

What he said…

Brian Quintenz

@BrianQuintenz

2 years

This @hmtreasury crypto regulation consultation is incredibly well-framed. It has a nuanced view of DeFi activities and structure, acknowledges potential risks, and affirms consistent DeFi regulatory outcomes, possibly by different means.

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Michele Korver

@MicheleKorver

2 years

There's important nuance re the application of the securities laws to tokens. @milesjennings lays out some excellent points to consider.

miles jennings

@milesjennings

2 years

1/ A few recent papers have done a great job laying out some key issues with the application of Howey to transactions involving tokens. They highlight why, despite the SEC’s protestations to the contrary, we need a better approach if we want web3 to succeed. Quick takeaways 🧵

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Michele Korver

@MicheleKorver

6 months

CDC says to lick door knobs.

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Michele Korver

@MicheleKorver

2 years

1/ Anti-money laundering (AML) laws are wide ranging and don’t just apply to banks! But, we’re moving into novel territory as web3 develops because AML laws were developed for centralized systems.

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Michele Korver

@MicheleKorver

10 months

BQ - speaking the truth.

Brian Quintenz

@BrianQuintenz

10 months

I sent a letter to the editor of the Washington Post responding to last week’s misguided editorial on crypto regulation: What the Post got right is that SBF’s crimes were not unique to crypto. Despite being highly regulated, traditional finance is no

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Michele Korver

@MicheleKorver

2 years

4/ The USG already has existing authorities to address AML/CFT and sanctions compliance failures. FinCEN and the DOJ should use those authorities to bring civil enforcement actions and criminal prosecutions against exchanges who facilitate money laundering and financial crimes.

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Michele Korver

@MicheleKorver

11 months

As a Coloradan, I can’t stand by and not publicly shame this lawmaker for his words and deeds. You are a despicable human being and thankfully not my representative.

Charlie Kirk

@charliekirk11

11 months

Colorado State Rep. Tim Hernandez REFUSES to condemn Hamas slaughtering innocent women and children.

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Michele Korver

@MicheleKorver

2 years

How is it possible that I am arriving in Philly on national cheesesteak day?!

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Michele Korver

@MicheleKorver

8 months

6/Finally, we proposed exempting privacy-preserving technologies that use protective measures designed to prevent their use by illicit actors. We have written about some of the possible measures here:

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Michele Korver

@MicheleKorver

2 years

2/3 Privacy is necessary, as is compliance. Regulators never want to hear “we can’t” or “it’s too hard.” With technologies like zero knowledge proofs, they don’t have to.

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Michele Korver

@MicheleKorver

2 years

3/3 This paper I co-authored with @burlesonjm and @danboneh is our attempt to think outside of the box and discuss what’s possible.

Privacy-Protecting Regulatory Solutions - a16z crypto

This paper proposes zero-knowledge proof solutions to reconcile consumer blockchain privacy needs and regulatory and national security needs.

a16zcrypto.com

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Michele Korver

@MicheleKorver

2 years

Very excited to welcome @CollinMcCune7 to our team!

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Michele Korver

@MicheleKorver

1 year

This.

Rebecca Rettig

@RebeccaRettig1

1 year

1/👋Introducing The Value Prop - an open database showcasing amazing use cases for blockchain technology. In less than 2 months & w the community’s help, we crowdsourced 300+ blockchain-based apps making a positive impact in the 🌎. Dive in at & read 👇

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Michele Korver

@MicheleKorver

1 year

Vielen Dank Mainz 05!

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Michele Korver

@MicheleKorver

2 years

Can we send the tanks please? I don’t understand why we are still just watching this.

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Michele Korver

@MicheleKorver

2 years

2/ Privacy-enhancing technology can actually be used to solve some of the AML program requirements, such as an individual being able to be verified without having to reveal their name, DOB, and all their information every time that they're opening some platform.

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Michele Korver

@MicheleKorver

7 months

🙌🏻

cdixon.eth

@cdixon

7 months

Read Write Own is #9 on the New York Times Nonfiction Best Seller list, and #25 on USA Today's Best-selling Booklist (which includes both fiction and nonfiction). Thanks to everyone who bought the book. I wrote RWO to help more people appreciate the potential of blockchains for

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Michele Korver

@MicheleKorver

8 months

5/We recommended a more surgical regulatory strategy, including among other things, identifying discrete mixing entities or technologies used primarily for illicit activities, rather than designating broad generic categories of activities.

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Michele Korver

@MicheleKorver

1 year

So excited that the world cup has started! Interesting difference with the women’s teams I noticed. The players waiting in the tunnels were actively talking and engaging with their little girl escorts to the field. ❤️⚽️

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Michele Korver

@MicheleKorver

8 months

3/Our concerns raised in the letter were that the special measure as proposed undermines law enforcement, privacy, and innovation; is overbroad and unclear along multiple dimensions; and describes six categories of “mixing” encompassing largely lawful activity.

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Michele Korver

@MicheleKorver

9 months

I ❤️Zelenskyy. This is not territory; these are human beings. And, it’s not just 🇺🇦 - Poland and the Baltics will be next. Can we please get this done?!

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Michele Korver

@MicheleKorver

2 years

3/ web3 founders should focus on first principles. Building trust with customers by having a system with integrity is key, and ultimately and eventually the laws will follow!

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Michele Korver

@MicheleKorver

10 months

@zooko I love that you are such a kid at heart!

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Michele Korver

@MicheleKorver

1 year

I��m shopping for an outfit to Wimbledon. Can recycle for olympics in Paris. #USmakingusfeelunwelcome

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Michele Korver

@MicheleKorver

11 months

@a16zcrypto @iyk_app 🎼Let’s get Phigital, phygital…

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Michele Korver

@MicheleKorver

1 year

Annie Hall really holds up well. 46 years later it is still such a funny commentary on relationships and insecurities. Just rewatched and chuckle and enjoy even more than when I saw it for the first time - and that wasn’t 1977 for God’s sake. I’m not that old.

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Michele Korver

@MicheleKorver

8 months

4/Their defined foreign-nexus requirement only exacerbates these problems. We warned that the special measure could operate as a de facto ban on many blockchain and CVC activities and raises significant litigation risks.

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Michele Korver

@MicheleKorver

2 years

Follow the money!

Nass Eddequiouaq

@nassyweazy

2 years

A big Twitter page was scamming people pretending to be my NFT project, Rebels. Well.. I followed the scammers. Get ready! 🧵

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Michele Korver

@MicheleKorver

2 years

Indeed.

Michael Mosier

@m_mosier_

2 years

While a helpful explanation of mixer types, again, FinCEN did *not* say all mixers=MSBs. Only custodial, centralized ones. FinCEN said “anonymizing software” & “software providers” are *not* MSBs. OFAC diverged in treating smart contracts like “persons.”

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Michele Korver

@MicheleKorver

2 years

If today's Bitzlato actions left you wondering, "what's the difference between a section 9714 order and a section 311 special measure?" Or, "what orgs are covered, & what do they have to do?” See FinCEN's FAQs issued today 👇

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Michele Korver

@MicheleKorver

9 months

The Wizard of Oz holds up so well - the acting, the songs, the costumes and set design. It’s a nat’l masterpiece. And Toto gets away!

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Michele Korver

@MicheleKorver

2 years

@kkirkbos Actually, strict liability only applies to administrative (civil) enforcement actions. Criminal liability for a sanctions violation does require evidence of willfulness, so it’s not a lower mens rea standard.

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Michele Korver

@MicheleKorver

6 months

@skominers Well the CDC is mirroring what selfish people everywhere already do - “I’m sick, so what?” Cough, cough, sneeze, sneeze, don’t make any effort to cover and protect other people from my germs. Cuz, ya know, those compromised people should just stay home. Darwin and stuff.

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Michele Korver

@MicheleKorver

2 years

Sing it @milesjennings .

miles jennings

@milesjennings

2 years

Those that truly believe in decentralization should be lobbying to protect decentralization at all costs, not lobbying to give the government the power to end decentralization while throwing up their hands and saying "come what may"...

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Michele Korver

@MicheleKorver

1 year

@lizbangs Yup. Mrs. is my mother.

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Michele Korver

@MicheleKorver

2 years

I second this.

miles jennings

@milesjennings

2 years

The entire web3 community owes significant gratitude to @SenGillibrand @SenLummis and their teams. They have worked tirelessly to bring this bill to life and have sought feedback from every constituency. We look forward to continuing our work with the Senators on this effort.

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Michele Korver

@MicheleKorver

1 year

Just reported an imposter account. Last name in handle is misspelled as “Kover.”

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Michele Korver

@MicheleKorver

2 years

“Taking on a challenge is a lot like riding a horse, isn't it? If you're comfortable while you're doing it, you're probably doing it wrong.” - Ted

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Michele Korver

@MicheleKorver

7 months

I can only hope that Navalny is able to horribly haunt Putin in his bed every night for what he has done. Only 47 years young. They must be stopped.

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Michele Korver

@MicheleKorver

2 years

@valkenburgh @HaileyLennonBTC I agree. I’m trying to find a contractor to build me a proper bocce court so I have less grass to water. Also, bocce.

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Michele Korver

@MicheleKorver

1 year

Ted, explaining to Roy, hallmark channel christmas movies in the locker room shower is f-ing priceless.

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Michele Korver

@MicheleKorver

11 months

@nassyweazy Yes. This is a real life nightmare. Can only pray for lives.

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Michele Korver

@MicheleKorver

2 years

Please, when does Ted Lasso start again? It was such the Friday lift.

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Michele Korver

@MicheleKorver

9 months

@sriramk @aarthir Me too. Love the movie.

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Michele Korver

@MicheleKorver

8 months

Great project. Listen!

a16z crypto

@a16zcrypto

8 months

In this episode we discuss human rights including recent crises in various regions around the world -- and the role of technology, such as the decentralized web for establishing "ground truth" -- with Jonathan Dotan. w/ @rhhackett

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Michele Korver

@MicheleKorver

7 months

My love note on valentines day - do your research! Social media marketing saturation and exaggeration should never substitute for real experience when seeking advice for your business. Lots of people claim to be “experts”from panels at conferences to offering consultation or

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Michele Korver

@MicheleKorver

6 months

You know you needed this.

Jack Black

@jackblack

6 months

Kung Fu Panda 4 in theaters now!!

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Michele Korver

@MicheleKorver

2 years

@brianeklein @NeerajKA @virtuallylaw @msantoriESQ @valkenburgh Yes. I blame @virtuallylaw @valkenburgh and @msantoriESQ for this bullshit as well.

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Michele Korver

@MicheleKorver

1 year

@milesjennings @pmarca @a16zcrypto Meme meister!

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Michele Korver

@MicheleKorver

1 year

Don’t fight back. Fight forward.

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Michele Korver

@MicheleKorver

8 months

@RMcElhenney I’ll drink to that.

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Michele Korver

@MicheleKorver

1 year

@ishverduzco That seems super gross. But now I’m curious.

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Michele Korver

@MicheleKorver

6 months

@kkirkbos @_cathyyoon @TuongvyLe12 @sheila_warren @lindsey_haswell @RebeccaRettig1 @AndoniOlta @LDC917 @EleanorTerrett @laurashin @RosenfeldM @KMSmithDC Ditto.

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Michele Korver

@MicheleKorver

2 years

This.

Brian Armstrong

@brian_armstrong

2 years

Worth stating for the record, DeFi should be protected in any legislation that seeks to regulate centralized exchanges and custodians. Thanks to @senstabenow and @johnboozman for trying to get this right.

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Michele Korver

@MicheleKorver

8 months

I don’t understand how Bridges and Goodman and the Coen bros. didn’t get Oscars for the Big Lebowski. Perhaps I am messed up from an artistic perspective, but I love such absurdity.

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Michele Korver

@MicheleKorver

8 months

@rabahrahil I wish I had done this with all of the “perfect” makeup brands/colors I loved that without warning were discontinued. Talking about you Chanel. Aarrggh!

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Michele Korver

@MicheleKorver

8 months

@kirkjangel So funny to me. When I was a law clerk, an employment case went to trial before my judge. It was so memorable. Publix meat department employees having tawdry affair. Didn’t end well after female promoted. Lawsuit followed. You can imagine the jokes; Publix had to pay.

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Michele Korver

@MicheleKorver

1 year

@skominers @bmj_latest @asosin @choo_ek @heavyredaction Yes. Depressing. And I am only one of maybe 4-5 people wearing a mask on the plane as others cough up a lung. Have tried unsuccessfully to get the new shot. I guess that’s good for my community if demand is high? But I’ve never had to hunt for a flu shot, so what’s happening?

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Michele Korver

@MicheleKorver

2 years

In a hard world that has made me a bit of a Roy, I’m trying to be more of a Ted.

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Michele Korver

@MicheleKorver

2 years

@kkirkbos I was just talking to my team about this. There’s so much to extradition. It can work quickly if necessary, but likely not in this situation for a variety of reasons.

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Michele Korver

@MicheleKorver

2 years

@lawtoshi @virtuallylaw Guilty.

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Michele Korver

@MicheleKorver

2 years

@kkirkbos Many jurisdictions under their laws are not going to hand a person over even with a formal ext request. This is particularly true where the country requested may also have a case against the person.

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Michele Korver

@MicheleKorver

10 months

@nassyweazy Reposted. Important to continue publicizing the crimes perpetreted by Russian authorities.

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