The sharp growth of our industry in 2021 has prompted an unprecedented surge of policy and regulatory activity on Capitol Hill, as legislators scramble to keep pace with a not-so-nascent asset class currently valued at over $2T in total market cap. Ongoing developments related to the US Crypto Bill dealing with security/commodity characterization, stablecoin and CBDC regulation, and added banking transparency, along with the U.S. Senate’s failure to adopt a bipartisan compromise on a crypto tax provision in its $1 trillion infrastructure bill, have dominated news headlines and elicited pushback from industry players and crypto enthusiasts alike.
In support of a constructive relationship between industry and policymakers, AlphaPoint has made a donation to Coin Center, a leading non-profit focused on the policy issues facing cryptocurrencies and advocates for sensible regulatory approaches to digital assets. In operation for nearly 7-years, Coin Center’s mission is to build a better understanding of these technologies in private and public sectors and to promote a regulatory climate that preserves the freedom to innovate using permissionless blockchain technologies.
We proudly align with Coin Center’s efforts to produce and publish policy research from respected academics and experts, educate policymakers and the media about blockchain technology, and engage in advocacy for sound public policy. Further, AlphaPoint encourages all industry participants to lend support now to ensure continued innovation leadership in blockchain technology in the United States. To make your voice heard in Washington, visit Coin Center’s website and donate towards healthy legislative and regulatory rulings for cryptocurrency.
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Donate here: https://www.coincenter.org/donate/