Vault12 to participate in Congressional Meeting on Thursday, March 4, to brief Rep. Tom Emmer (R-MN)
Chamber of Digital Commerce
Congressman Emmer is a strong supporter of the Crypto industry and serves as a Co-chair of the Congressional Blockchain Caucus. In the previous Congress, he also served as Ranking Member of the House Financial Services FinTech Task Force.
- He has introduced several bills to increase regulatory clarity for the blockchain industry in the United States, including the Securities Clarity Act, which distinguishes between securities and investment contract assets; Blockchain Regulatory Certainty Act, exempting developers and service providers who do not control customer funds from money transmitting licensing requirements; and the Safe Harbor for Forked Assets Act to establish a safe harbor from IRS penalties for taxpayers who have received forked assets.
- Congressman Emmer has also written letters to the SEC, IRS, Treasury, and the Trump Administration's Cabinet to promote regulatory clarity for and the adoption and use of digital assets.
Next Up From Vault 12
Inheritance and self-custody for CryptocurrencyVault12 Explainer
Vault12 Product Demo
Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure cryptocurrency, NFTs and other Web3 digital assets can be inherited by future generations.
Digital Inheritance enables investors to designate an individual or a mobile device as a guardian that will inherit their entire portfolio of digital assets inside a secure digital Vault once the time comes, eliminating undue risk and the need to continually update an inventory or issue updated instructions which result in privacy leakage.
Designed to be used alongside traditional hardware, software, and online wallets, Vault12 helps cryptocurrency owners, professional crypto traders, and high-net-worth investors safeguard their digital assets without storing anything in the cloud or in fact, any one single location. This increases protection and decreases the risks of loss.
(Note: The Vault12 app is not a crypto wallet and does not hold cryptocurrency. It is a Vault that safeguards your wallet seed phrase and private keys, associated files for NFTs, and digital art).
The Vault12 app helps you self-custody, backup, and provide legacy inheritance for all your web3 digital assets, including NFTs, wallet seed phrases, secrets like keys, PIN codes, DAO project keys, and digital art.
Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.
As a creator you can use Vault12 to safeguard not just your NFT and crypto wallets, but also original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury as well as future royalty wallets.
Vault12 safeguards your project assets, increasing protection and decreasing the risks of loss, whilst ensuring that everything is ready to go to be passed onto future generations, when the need arises.