Dennis Porter, co-founder and chief executive of the Satoshi Act Fund, a bitcoin advocacy group, said in a post on the X platform that the team will introduce another "bitcoin strategic reserve" bill next week.
According to Stand With Crypto, a crypto advocacy group led by Coinbase, there are currently 276 members of the U.S. House of Representatives who support cryptocurrencies. It is reported that the U.S. House of Representatives and the U.S. Senate make up the two houses of the U.S. Congress. The House of Representatives has 435 members, and the number of members in each state is determined according to the population. The advocacy group says the crypto industry wants to see more lenient regulation...
The non-profit cryptocurrency advocacy group Coin Center has warned that while a Trump victory would be a net positive for the cryptocurrency industry, entrenched policies could still scare cryptocurrency innovators away from the United States. In a blog post analyzing the U.S. cryptocurrency policy landscape after the 2024 election on November 21, Coin Center's research director, Van Valkenburgh, shared the insights into the cryptocurrency policy landscape.
Coinbase-backed cryptocurrency advocacy group Stand With Crypto has expanded to Australia as part of a broader initiative to promote regulatory clarity and cryptocurrency-friendly policies in the country. Tom Duff Gordon, vice president of international policy at Coinbase, said the overall goal of launching the new "Stand With Crypto" branch was to draw political attention to blockchain's many use cases and encourage "sound" legislation for cryptocurrency companies operating within Australia.
The Securities Exchange Commission's (SEC) Office of Investor Education and Advocacy issued an announcement Monday urging investors to consider the risks associated with Bitcoin and Ethereum exchange-traded products (ETPs), including exchange-traded funds (ETFs). The SEC noted that investors should understand that Bitcoin and Ethereum are highly speculative investments. This includes risk exposure through exchange-traded products (ETPs). Investors should...
According to Reuters, cryptocurrency executives and industry advocacy groups plan to raise $100,000 for U.S. Vice President Kamala Harris in a bid to convince her to take a relaxed stance on cryptocurrencies after she wins the presidential election in November. It is reported that the group plans to hold a fundraising event in Washington on September 13, with tickets priced between $500 and $5,000. Despite being relatively silent on the cryptocurrency stance compared to Trump, some industry insi...
Obinna Iwuno, head of the Nigerian Blockchain Advocacy Group, said that the recent approval of two digital asset exchanges in Nigeria is a welcome development for the industry. Iwuno believes that the move will help to dispel the negative perceptions surrounding the Nigerian cryptocurrency sector that have intensified following the detention of Binance executives earlier this year. Iuno insists that Nigeria, as a major player in cryptocurrency trading in Africa, should take the lead in regulatin...
Crypto political advocacy group Stand With Crypto will begin a campaign tour next week in Arizona in several key states in the November election, hoping to convert 1.30 million online registered users into votes for crypto-friendly lawmakers. According to the organization, the first stop in Arizona will feature U.S. Senator Kyrsten Sinema (an Arizona independent) and senior Republican state legislator, Travis Grantham, the interim speaker of the Arizona House of Representatives, as well as crypt...
Crypto4Harris, a crypto advocacy group, announced that it was backing Harris and encouraged the Democratic candidate to develop a direct policy platform on digital assets, advising him to take a "nuanced policy stance that positions the United States as a leader in digital assets." The group said it plans to hold a virtual town hall meeting with U.S. lawmakers, policymakers, and industry leaders, including Mark Cuban. The attendee list also includes Mason Lynaugh, director of the Stand With Cryp...
Crypto4Harris, a crypto advocacy group, announced that it was backing Kamala Harris and encouraged the Democratic candidate to develop a direct policy platform on digital assets, suggesting that Harris take a "nuanced policy stance that positions the United States as a leader in digital assets." The group said it plans to hold a virtual town hall meeting with U.S. lawmakers, policymakers, and industry leaders, including entrepreneur and Dallas Mavericks minority shareholder Mark Cuban, and the l...
Paul Brigner, founder of Pretty Good Policy for Crypto (PGP), a crypto advocacy platform, has announced that he has joined Coinbase as head of the Coinbase Institute. Brigner will work under Faryar Shirzad, Coinbase's chief policy officer, while continuing to lead some of PGP's businesses. Brigner also joined Electric Coin Co's Bootstrap program board, where he previously served as vice president of strategic alliances and head of policy and strategic advocacy for Electric Coin Co. Coinbase Inst...
Cryptocurrency advocacy group Stand with Crypto has officially expanded to Canada, with the aim of driving cryptocurrency innovation and policy. During the Calgary Stampede, the event brought together blockchain entrepreneurs, industry leaders, and policymakers. Alberta Services Minister Dale Nally, Coinbase Canada CEO Lucas Matheson, and others spoke. The survey revealed that 86% of Canadians believe the financial system needs to be updated, and 72% support the regulation of cryptocurrency exch...
The U.K.'s Bitcoin Policy Group, which is advocating for the use of bitcoin to support sustainable grids and renewable energy generation, noted in a report released on July 10 that the bitcoin mining industry is a major purchaser of electricity and could be the key to making intermittent power supply from renewable grids "robust and viable." Bitcoin mining is one of the few, if not the only, technologies that can provide "fully resilient demand for backup renewable energy," the report said. This...
The Blockchain Association, a blockchain advocacy group, opposes the broker rules proposed by the Internal Revenue Service (IRS), saying they would overburden investors, cryptocurrency companies, and the IRS itself. Citing the Document Reduction Act, the association states that government regulators should not impose unnecessary paperwork requirements on individuals and entities in the financial system. The letter mentions that if these rules are passed...