Crypto lobby groups are gaining traction in Washington as the threat of regul...
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms. Crypto-focused lobby groups in Washington, D.C. are playing an increasingly vital role in reorienting policymakers away from the view that virtual currencies are used primarily for illegal transactions. Now, they are preparing for potentially their biggest battle yet. Blockchain Association, an industry trade group representing crypto firms, has added ten members to its brass since December 2020, bringing its total to 34. Kristin....
Related News
Japan’s crypto lobby groups are insisting on lowering the current tax rates as it might be hindering the industry growth. Lowering the tax rates would eventually help to retain talent in the crypto industry. Specifically two of the top crypto lobbying groups, the Japan Cryptoasset Business Association and the Japan Virtual and Crypto assets Exchange […]
The Institute of International Finance held its annual membership meeting in Washington this past weekend, and banking elite from all over the world convened to discuss many topics. The newest topic of discussion at this year's meeting, one that had eluded them in previous years, was a threat to traditional banking embodied by Bitcoin and other crypto-currencies. What should banking "do" about a Bitcoin threat? What can they do about it? How to handle the Bitcoin threat. Jamie Dimon is the CEO of JP Morgan Chase. JPMorgan Chase is the leading U. S. bank in domestic assets under management,....
There isn't any doubt that big companies like VISA and MasterCard have troops of lobbyists in Washington, D. C. looking after their interests. But a San Diego-based investment firm that focuses exclusively on bitcoin - Falcon Global Capital - is working to even the balance of power. Company managing director Brett Stapper has moved to file paperwork (as of 22 May) to lobby Congress and other federal agencies, according to an LD-1 disclosure, a form used to register as a lobby. According to the form, specific lobbying issues include the "Education and understanding of Bitcoin and other....
Harmony (ONE) is a new blockchain network that is gaining traction as more developers and crypto investors become aware of its features. Is Harmony ONE a good investment?Investing is a very personal endeavor. Do your own research and try to stay on top of any advances in the Harmony ecosystem that might help it grow.Although there is still much to be done, the Harmony project has been considered a solution to poor scaling and interoperability and a useful foundation for DApp developers to scale their apps and transactions. Harmony aspires to be a top crypto network known for its speed and....
All revenues from secondary sales will also be disbursed to support DeFi lobbying efforts globally. Nonfungible tokens (NFT) depicting cartoon lobsters in suits have raised more than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector.On August 5, nonfungible token platform and community Universe sold out if its Lobby Lobster NFTs in less than one hour, raising roughly $4 million.Wow Already $4m raised for lobbying efforts in DC. Let’s go Lobby Lobsters community. pic.twitter.com/VeT1XymMoL— Universe.XYZ (@universe_xyz) September 5, 2021 Each NFT....