Lobbying Firm Representing MasterCard Taking Up Bitcoin Issues in Washington
Lobbying. It's a pretty big thing on Capitol Hill. And with the tremendous growth of bitcoin over the past year, you can bet that the digital currency (and perhaps digital currency as a whole) has started to become a talking point for lobbyists. Take lobbying firm Peck Madigan Jones, for example. In an LD-2 Disclosure Form (which is a lobbying report, see the Lobbying Disclosure Act of 1995), which clearly states the firm is working for MasterCard, the company listed bitcoin as one of the many issues they're working on in the nation's capital: Specific Lobbying Issues: Interchange fees,....
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Washington DC government relations firm Peck Madigan Jones has declared bitcoin as one of the issues it will be lobbying on. The big question is, will they be pushing for the digital currency, or against? The company was founded in 1987 and quickly became a bipartisan organisation, representing the interests of blue chip clients, such as the American Insurance Association. A wide variety of notable clients are on PMJ's books, ranging from environmental groups to energy producers, but the list also happens to include some big names in finance, such as Deloitte, Wells Fargo Securities, US....
Per the latest in lobbying disclosures, Ripple Labs shelled out for its lobbying on legislation looking to change the treatment of crypto under securities laws. Ripple Labs spent $690,000 on lobbying in the United States in 2020, which still didn't save the firm from the Securities and Exchange Commission.Per legally mandated disclosures for 2020, Ripple's lobbying program dwarfed those of other firms in the crypto industry. Coinbase, which looks to become the first American crypto exchange to issue public shares, spent $230,000 over the same year, while other exchanges like Binance.US,....
The Bitcoin Foundation just might be looking to up their game when it comes to their doings in the nation's capital. A report from the Wall Street Journal indicates that the Foundation has hired a lobbying firm to serve as their political muscle power on Capitol Hill. The firm, Thorsen French Advocacy, is led by two former bipartisan congressional staffers, according to WSJ. Their responsibilities are clear enough: give bitcoin a good name. Global Policy Counsel at the Foundation, Jim Harper, says the firm will build "a reservoir of goodwill that we can deploy when we need to avert a....
In a recent press release, the Bitcoin Foundation announced that they have retained Thorsen French Advocacy as an outside lobbying firm to represent the Bitcoin Foundation's interests in Washington. Thorsen French Advocacy is run by Alec French and Carl Thorsen, long time professional acquaintances of Jim Harper, the Bitcoin Foundation's Global Policy Counsel. French is a former counsel for the Democratic House Judiciary Committee, and Thorsen was general counsel to a Justice Department official and the House majority leader during the second Bush Administration. The Bitcoin Foundation....
The Bitcoin Foundation has stepped up its US lobbying efforts by hiring Washington, DC-based firm Thorsen French Advocacy. The announcement from the Foundation represents perhaps the most high-profile bitcoin lobbying effort to date. In May, Falcon Global Capital hired a lobbying firm to work with Congress, joining Peck Madigan Jones and other companies who are pushing legislators on the topic of digital currency. Thorsen French Advocacy, founded in 2010, is led by Alec French and Carl Thorsen. The two long-time legislative officials have served in various legal capacities within the US....