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At Least 18 U.S. Senators Show Support for Crypto, Data Reveals


Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...

Blockchain Association Releases 2023 Annual Report


The Blockchain Association released its annual report on Wednesday, November 22nd, showcasing the challenges and highlights faced by the crypto sector this year. Driving crypto forward Founded in 2018, the Blockchain Association is a crypto advocacy group spearheaded by CEO Kristin Smith. According...

Blockchain Association Sues OFAC Over Sanctions on Tornado Cash


Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....

Blockchain Association Pushes Back Against IRS Regulations on Crypto Brokers


Source: Adobe / photoschmidt The Blockchain Association, a prominent crypto advocacy and lobbying group based in the US, has strongly opposed proposed Internal Revenue Service (IRS) regulations targeting crypto brokers. In a comment letter submitted on November 13, the association argued that...

Coinbase’s Stand With Crypto Advocacy Group Raises $2M In Two Months


The Coinbase-backed advocacy group Stand With Crypto has raised $2 million in a couple of months, with over 80,000 donors contributing to the initiative’s goal of influencing policymakers and being a “one stop shop” for crypto advocacy. The organization also confirmed that...

US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit


In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency giant Binance. SEC’s Authority Questioned:...

UK Government Urged to Review Chase Bank’s Policy to Decline Crypto Payments


Bitcoin Policy UK has urged the British government to review Chase Bank’s policy to decline all crypto payments. “It is, of course, the stated policy of this Government that the U.K. become a crypto asset hub, but it is hard to square this policy aim with the actions of this U.K.-regulated bank,”...

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