Blockchain Association

Our industry’s future now rests not on whether it will survive, but on how it will be shaped by the inevitable regulation to come. With an engaged voter base, organized advocacy, and growing bipartisan support, the question is no longer if digital assets will transform American finance, but when and how. That’s what the beginning of a winning streak looks like. My thoughts on crypto's momentum ahead of the election in Unchained: https://lnkd.in/dJHgSn82

Hundreds of millions of dollars. That’s what Chair Gensler’s anti-innovation crypto crusade cost just a small slice of the industry, along with an immeasurable loss of jobs, innovation, and U.S. tech investment. https://lnkd.in/eNpW8weA It’s clear that under Chair Gensler, the crypto industry found itself an outsized target of a hostile SEC with more than 100 enforcement actions brought against the industry through 2023 alone. Also clear: the American voter is eager for change at the SEC. According to polling from HarrisX, voters believe that the U.S. has taken the wrong approach toward crypto and that the SEC has been too heavy handed. In fact, voters prefer clear rules and regulation over enforcement by a factor of two-to-one. The industry – and the American voter – is ready for change and a fair shot. The time of law-fare against our industry must end. That begins with a change of leadership at the SEC.

Our thoughts and prayers are with the families impacted by #HurricaneHelene and those in the path of #HurricaneMilton. Blockchain Association is proud to support relief efforts and provide resources for those who wish to do the same. https://lnkd.in/eeYcsd4v

Today, in The Washington Post, Kristin Smith pushes back against a recent Editorial Board piece and its misguided view of the crypto industry. The key takeaway: Americans have responded with increasing frequency that they want their elected leaders to support crypto’s development in the United States. We’d ask crypto critics to take a more open-minded view, in line with millions of their fellow citizens.

Hammond explained why that might be a politically savvy approach for Republicans: “For a campaign looking to appeal to a young demographic of voters, crypto has proven to be an issue people care about.” https://lnkd.in/e2hn4Cxe

"The crypto voter is real and the crypto advocate is strong." Blockchain Association CEO Kristin Smith joined Edward Ludlow on Bloomberg Technology to discuss former Pres. Trump's speech at The Bitcoin Conference and the power and impact of the crypto voter.

Blockchain Association's Kristin Smith joined NPR's Marketplace to discuss the current politics around digital assets and the power of the crypto voter saying, “The fact that we have this active and engaged, highly communicative community is a strength for the industry and something that will ultimately appeal to a broad cross-section of policymakers." She also commented on the hostility shown by the SEC: "Having a change in leadership at the SEC would be the most impactful for the industry. What we’ve seen out of this current SEC led by Gary Gensler is a very strong regulation by enforcement approach.” https://lnkd.in/eWm5fT-9