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Thank you for the opportunity to address you at what is a critical moment for the future of internet. More than anything else, the action that you take today will preserve the permissionless invasion invasion. Let me explain. The web was invented 25 years ago. To people and let them run on computers which were connected to the internet. All that was necessary for those computers were plugged in to internet. They were then communicating. Didnt have to ask anybodys permission. Frome1 this, the worldwide web spread to reach all the corners of the global and connected world, enabling hundreds of b...

On February 15, 2023 (updated February 16, 2023), the United States Department of Education (“ED,” or the “Department”) released a Dear Colleague Letter[1](the “DCL”) regarding the...

On February 15, ED announced two separate initiatives (one final and one proposed) that impact service providers to institutions of higher education that participate in federal financial aid programs.

On Feb. 15, 2023, the U.S. Department of Education issued guidance that significantly expands the definition of “third-party servicer” to include services completed by many online...

Tuesday, February 2, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 15, 2021, but they will apply only for tax years that start after December 31, 2021.  Until then: Taxpa...