Blockchain Association
Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.
CFTC Chair Behnam Says Binance Deliberately Dodged Rules: Bloomberg
Bloomberg reports that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam accused crypto exchange Binance of intentionally breaking regulatory rules during an event hosted by Princeton University on Thursday. Separately, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is expected to testify before Congress next week. Ron Hammond, Director Of Government Relations at Blockchain Association, discusses the latest on crypto regulation.
Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” because the creators of the nine tokens, that are at the center of the insider trading case, are not linked to the case.
Congress and Crypto Season 4: An Uphill Battle
Crypto policy efforts would make great TV, Ron Hammond, director of government relations for the Blockchain Association, writes.
Potential Outcomes to McCarthy’s Speakership Bid
Blockchain Association Director Of Government Relations Ron Hammond discusses the potential candidates for the speakership as Kevin McCarthy fails to win majority support in multiple ballots. Plus, details on why McCarthy has been pro-crypto.
How House Speaker Drama May Impact Crypto Regulation This Year
The U.S. House of Representatives still has yet to elect a speaker after failing on six attempts in the past two days of voting. Blockchain Association Director Of Government Relations Ron Hammond discusses the potential outcome and what that could mean for this year's crypto agenda on Capitol Hill. Plus, his take on the regulatory impact of FTX's fallout and Binance.US reportedly ramping up lobbying efforts in Washington, D.C.
Regulation and Policy in Crypto: Policymakers Look Ahead
Congressman Jim Himes (D-Connecticut) and CFTC's former Commissioner Dawn Stump join Blockchain Association's Executive Director Kristin Smith at I.D.E.A.S. 2022 to discuss their outlook for regulation and policymaking in the digital economy space.
FTX Debacle Could Lead to Crypto Legislation ‘Momentum’: Blockchain Association’s Kristin Smith
The executive director discusses why the fall of FTX was a “massive setback” for the industry but not the end for crypto, and what likely happened to the $73 million in political donations from Sam Bankman-Fried.
Blockchain Association Exec on FTX Fallout, Future of Crypto
Sam Bankman-Fried’s political donations worth at least $73 million could be clawed back to repay FTX creditors. Meanwhile, Bankman-Fried is expected to testify before Congress Tuesday. Blockchain Association Executive Director Kristin Smith discusses the latest developments in FTX's bankruptcy and where crypto regulation could be headed in 2023.
