Blockchain Association Meets with Biden Treasury Department on Crypto Regulations

Representatives of the Association met with members of the Biden Administration for favorable regulations and to correct “illicit finance” notion on crypto. Blockchain Association, a US-based crypto advocacy group, held a meeting with Biden administrators to champion more conducive crypto regulations. Kristin Smith, the association’s director, led the meeting with high-ranking officials from the Whitehouse. Some of the administrators present were Wally Adeyemo, Deputy Secretary nominee and former BlackRock executive, and Treasury Secretary Janet Yellen. Other members were also present. Smith explained to FOX Business that the group is trying…

Blockchain Association meeting with key Biden staff about regulations

U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations. The Association’s executive director, Kristin Smith, told Fox Business the group has already met with or is in the process of scheduling meetings with high-ranking Whitehouse officials including Treasury Secretary Janet Yellen, Deputy Secretary nominee and former BlackRock executive Wally Adeyemo, along with representatives of the Treasury Department. Citing reported comments from Yellen about how the primary utility of cryptocurrency is “illicit financing,” Smith said the association’s key aim…

Is political extremism tarnishing blockchain by association?

The attack on the U.S. Capitol last month led to the deplatforming of former President Donald Trump from Twitter and Facebook. Amazon, Apple and Google stopped hosting Parler, a free speech app that had been the platform of choice for many sympathetic to extremist, far-right ideas. Gab, an alt-Twitter app that is home to right-wing incendiaries like Milo Yiannopoulos and Alex Jones, has been accused of enabling the attack by allowing violent-provoking speech on the platform. Despite this, the Gab user base has surged since the attack. Other privacy-focused chat…

Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team

The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations.  The Blockchain Association has been one of Washington, D.C.'s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph's Top 100 list.  Hammond, meanwhile, cut his teeth working on crypto policy for Representative Warren Davidson, most notably the Token Taxonomy Act, which is also the origin of the relationship with the Blockchain Association. It was at Davidson's roundtable for crypto…

Italian Banking Association launches experimental digital euro project

The Italian Banking Association, or ABI, has affirmed its support for the implementation of a sovereign European digital currency by beginning pilot studies on a digital euro project. According to an announcement, the association is working with its research and development arm, ABI Lab, and commercial banks in the country to develop an experimental digital euro. The ABI’s digital euro study will reportedly focus on two major areas — technical feasibility analysis and central bank digital currency programmability to create a distinction from existing electronic payment methods. Italian enterprise network…

Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association

On Wednesday, the Chamber of Digital Commerce announced the addition of Visa, Goldman Sachs and Six Digital Exchange (SDX) to its executive committee. Mick Mulvaney, a former White House Chief of Staff and a co-founder of the Congressional Blockchain Caucus will also be joining the chamber’s board of advisors. Mulvaney left the White House in March. On the board, he will be joining a number of figures familiar to Cointelegraph’s readers, including Don Tapscott of the Blockchain Research Institute and former CFTC Chairman Chris Giancarlo, who is now with the…

Blockchain Capital Joins the Libra Association as Newest Governing Member

The Libra Association has announced Venture capital firm Blockchain capital as its newest member. Blockchain Capital is a San-Francisco-based investment firm with deep expertise and reach in the blockchain sector. The company was founded in 2013, and since then, it has become one of the leading venture capital firms in the cryptocurrency and blockchain space. The firm has invested in more than 80 industry companies, including Bison Trails, Kraken, Ripple, Coinbase, and Anchorage. Blockchain Capital To Assist in Building More Integrated Payment System According to the announcement, Blockchain Capital, together…

Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign

The Bitcoin Association of Hong Kong, a major local alliance promoting crypto awareness and education, is launching the “Bitcoin Tram” ad campaign in Hong Kong; one of the world’s main global financial centres. According to a Sept. 11 announcement, the new ad campaign composes three double-decker trams fully covered with Bitcoin logos and ads alongside 20 similarly-designed billboards across the city. Hong Kong’s Bitcoin Association said in the announcement that the “educational campaign” was initiated by the Hong Kong Bitcoin community and is coordinated by the association. The campaign is…

Binance joins ‘Blockchain for Europe’ association

Blockchain for Europe, a major European association advocating for the balanced regulation of the blockchain industry, has welcomed the world’s largest cryptocurrency exchange. Binance, the biggest exchange by daily trading volume globally, has joined Blockchain for Europe, the association announced on Sept. 3. By entering the group, Binance follows major industry companies like XRP-related firm Ripple, EOS developer Block.one, Fetch.ai, and Blockseed Ventures. Alongside welcoming a new member in the association, Blockchain for Europe appointed Binance’s head of operations in the United Kingdom, Teana Baker-Taylor, as a new chairman of…