Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there’s no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts
In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.
a16z reveals lobbying plan: Throw money at tech-forward politicians
Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward.
U.S. Crypto Lobbying on Course for Record Spend This Year
Crypto companies spent almost $19 million on lobbying by the end of the third quarter compared with $16 million in the same period last year.
U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don’t involve its citizenry.
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.
Crypto Miners Lobby U.S. Lawmakers to Counter Environmental ‘Misunderstanding’
When crypto mining is discussed in the U.S. Congress, it’s often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology.
What Has the Blockchain Association Actually Achieved?
Crypto Mining Gets Its Own Lobbying Voice in Washington
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation.
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to influence U.S. policy.
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.
Blockchain Association Leaves New York as Federal Regulatory Fight Looms
The advocacy group will refocus its efforts on petitioning regulators and officials in Washington.
Crypto Lobbying Needs a Reset: More FTC, less SEC
Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry. How, critics rightfully asked, can a token that’s explicitly designed not to fluctuate in price be considered a security?
100 crypto lobbyists prepare for the fight of their lives as Congress resumes
Battle lines are being drawn over crypto in Congress but industry executives remain optimistic.
Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback
The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.”
11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy
The association will champion the creation of a clear digital asset regulatory framework for Canada.
The Crypto Industry Remains Mostly Unengaged in Election 2020
The cryptocurrency industry did not get heavily engaged in this year’s election, either via donations or lobbying.
0x, Kraken and Stellar Awarded Board Seats at Top Crypto Lobbying Association
The new board members represent decentralized finance and institutional crypto alike.
New Ripple-Led Advocacy Group to Pay Lobbyists in XRP
Ripple is leading a group of organizations launching an advocacy body in Washington D.C. that will pay for lobbying in both U.S. dollars and XRP.
Major Crypto Companies Form DC Lobbying Group
A number of major cryptocurrency firms are forming the Blockchain Association to lobby Washington, D.C. lawmakers on regulations in the space.