Kristin Smith
Kristin Smith
FIL-USDT
FIL-0.94%
XLM-USDT
XLM-1.30%
1/ It’s time for my recap of the latest in DC – first, a shoutout to our members, a group of whom joined us to educate Congressional offices on DePIN and NFT projects + how those projects can help strengthen national infrastructure and security:
Blockchain Association
Blockchain Association
1/ Today, we're excited to host BA’s Use Case Fly-In on Capitol Hill! Our L1, DePIN, Self-Custody, and NFT members are coming together to showcase real-world blockchain applications to policymakers—highlighting how decentralized networks are driving innovation across industries. @iotex_io @Consensys @ElectricCoinCo @PythNetwork @usetoku @CESS_Storage @TheDRC_ @Sei_Labs @Mysten_Labs @doublezero @FilFoundation @exodus @CoinList @hedera @StellarOrg @TrialXtreme @endaomentdotorg
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3/ We expect the focus and conversation around market structure legislation to heat up next. The first major steps in that direction were taken this week, with two hearings in @FinancialCmte and @HouseAgGOP:
Blockchain Association
Blockchain Association
1/ Tomorrow, both the @FinancialCmte and @HouseAgGOP are holding hearings to discuss an approach to market structure legislation – a key priority for our industry, Congress, and the White House. 🧵
7/ We applaud Congress for moving the ball forward in other policy areas as well, including repeal of the DeFi broker rule, which awaits President Trump’s signature to formalize the end of this disastrous rule.
Ron Hammond
Ron Hammond
I don’t want to hear anyone call crypto partisan because the first crypto bill that will be signed by a US President will have the support of over 2/3 of Congress! Well done to @SenTedCruz @RepMikeCarey, their amazing staffs and those who worked years on repealing the broker rule
8/ Stablecoin legislation is moving forward too, again with impressive bipartisan support. One theme that resonates on both sides of the aisle: USD-denominated stablecoins as a powerful force to support the dollar as the world’s dominant reserve currency.
Blockchain Association
Blockchain Association
"By embracing stablecoin legislation, Congress can strengthen the role of the U.S. dollar, foster innovation at home, and ensure that our financial system remains safe, secure, and competitive," writes @salahghazzal for @CoinDesk.
10/ Finally, last night, we were glad to see SEC Chairman Paul Atkins confirmed in the Senate. We look forward to working with him to ensure the U.S. digital asset markets remain the most innovative and competitive in the world.
Blockchain Association
Blockchain Association
The following statement is attributed to Blockchain Association CEO @KMSmithDC following the confirmation of Paul Atkins as SEC Chairman:
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