Eos Developer Block.one Working With Lobbying Firm on Blockchain Issues

Eos (EOS) parent company Block.one has disclosed that it is a client of a lobbying firm in a disclosure form registered in May. In the document, Block.one is cited as the client of international law firm Holland & Knight LLP, whose offices globally work on over 200 different practice areas including regulatory and government affairs, blockchain technology and e-commerce. In the Specific lobbying issues (current and anticipated) field Block.one indicated “policy related to blockchain.” Block.one has apparently contributed $30,000 for lobbying activities. The document also reveals that Scott Mason and…

Why Lobbying Growth Is a Sign That Crypto Is Maturing

Crypto is on the march, and not just in terms of market price. Not only does data indicate that the number of ID-verified users of cryptocurrency doubled over 2018, but there are various other metrics that suggest that adoption is gaining traction. As many as 84% of companies worldwide are involved with blockchain-based technologies in some way, while cryptocurrency ownership is twice as high among young Americans than among the general United States population. And at a time when there’s plenty of talk about the need for crypto to standardize and regulate itself before…

New York Assemblyman Says Blockchain Industry Needs Better Lobbying, Education

New York State Assemblyman Clyde Vanel said that the blockchain industry needs to be better at lobbying for itself and educating regulators. Vanel delivered his comments at a panel of ConsenSys’ Ethereal Summit on May 10. Vanel said that crypto- and blockchain-based business need to better advertise their accomplishments and value to the public. He noted that, within the nascent industry, bad actors often get all of the press, while projects that have real value are overlooked. Regarding blockchain, Vanel outlined the importance of educating the community, decision-makers, lawmakers and…

80 Firms Including MasterCard, Coinbase Spent $42 Mln Lobbying Crypto, Fintech Issues in Q1

Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30. Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly lobbying expenditure reaching over $42 million. Among the biggest spenders who included crypto were accounting giants Ernst & Young and Accenture, while the biggest of all was the U.S. Chamber of Commerce, which accounted for $16.4 million for fintech lobbying…

Australia’s Two Main Blockchain Industry Lobbying Groups to Merge

Australia’s Two Main Blockchain Industry Lobbying Groups to Merge March 19, 2019 by Jon Southurst Australia’s two largest digital economy industry groups, the Australian Digital Commerce Association (ADCA) and Blockchain Australia (BA), have agreed to merge. The new merged entity will adopt the Blockchain Australia name, and members hope it will enable a united stronger voice for the adoption of blockchain and distributed ledger technology. Also read: Russian Police Deny Covert Confiscation of 2 Billion Rubles, Mining Equipment We love hearing from our readers. Sound off on our Twitter or Facebook pagesCheck out our insights & interviews…

Australia’s Two Main Blockchain Industry Lobbying Groups to Merge

Australia’s Two Main Blockchain Industry Lobbying Groups to Merge March 19, 2019 by Jon Southurst Australia’s two largest digital economy industry groups, the Australian Digital Commerce Association (ADCA) and Blockchain Australia (BA), have agreed to merge. The new merged entity will adopt the Blockchain Australia name, and members hope it will enable a united stronger voice for the adoption of blockchain and distributed ledger technology. Also read: Russian Police Deny Covert Confiscation of 2 Billion Rubles, Mining Equipment We love hearing from our readers. Sound off on our Twitter or Facebook pagesCheck out our insights & interviews…

Major Crypto Companies Form DC Lobbying Group

A number of blockchain funds, exchanges and startups plan to lobby Washington, D.C. lawmakers with the new Blockchain Association. The Washington Post reported Tuesday that this new organization would focus on both education and legal changes as part of an effort to normalize relations between crypto startups and lawmakers. Coinbase, Circle, Digital Currency Group, Polychain Capital and Protocol Labs are among the association’s founding members. One of the association’s first employees is former Senate aide and Overstock.com blockchain lobbyist named Kristin Smith. She told the Post that she would “guide”…

US Crypto Industry Vets Form Blockchain Association Lobbying Group

Some of the largest United States-based players in the cryptocurrency space, together with tech industry veterans, are forming the Blockchain Association to better lobby for crypto-related policy changes in Washington D.C. Crypto Industry Powerhouses Join Forces for Greater Purpose Coinbase CEO Brian Armstrong said back in June that bear markets such as the one cryptocurrencies are experiencing right now, create an “opportunity to keep making progress while everyone else gets distracted.” According to a new report from the Washington Post, the outspoken CEO and other crypto industry vets are doing…