#The Encryption Association is jointly lobbying the government.#
Hot Topic Overview
Overview
The North American Blockchain Association (NABA) has been formed by the joint effort of eight state blockchain associations across the United States, with the aim of providing a unified voice on cryptocurrency policy recommendations to the federal government. The organization is comprised of the Texas Blockchain Council, the Alabama Blockchain Alliance, the California Blockchain Advocacy Coalition, the Florida Blockchain Business Association, the Ohio Blockchain Council, the Pennsylvania Blockchain Alliance, the Virginia Blockchain Council, and the Washington Technology Industry Association's Cascadia Blockchain Committee. NABA's creation was driven by a desire to provide a platform for cryptocurrency policy groups to collaborate and influence policy development, especially before the Trump administration implemented cryptocurrency-friendly policies. The organization's members include the Texas Blockchain Council, the Alabama Blockchain Alliance, the California Blockchain Advocacy Coalition, the Florida Blockchain Business Association, the Ohio Blockchain Council, the Pennsylvania Blockchain Alliance, the Virginia Blockchain Council, and the Washington Technology Industry Association's Cascadia Blockchain Committee. The formation of NABA signifies a proactive approach from cryptocurrency policy groups in seeking collaboration with the government to advance the development of the crypto industry.
Ace Hot Topic Analysis
Analysis
The North American Blockchain Association (NABA) was recently formed, a coalition of blockchain associations from eight U.S. states, with the goal of providing unified cryptocurrency policy recommendations to the federal government. The organization's creation aims to address the increasingly strict regulations surrounding cryptocurrency in the U.S. and advocate for a more favorable policy environment for the crypto industry. NABA members include the Texas Blockchain Council, the Alabama Blockchain Alliance, the California Blockchain Advocacy Coalition, the Florida Blockchain Business Association, the Ohio Blockchain Council, the Pennsylvania Blockchain Alliance, the Virginia Blockchain Council, and the Cascadia Blockchain Council of the Washington Technology Industry Association. The formation of NABA marks a significant step in the crypto industry's political lobbying efforts. It will be interesting to watch how NABA shapes crypto policy moving forward.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto associations are joining forces to lobby the government with the aim of providing cohesive policy recommendations on crypto to the federal government.
Crypto associations are joining forces to lobby the government to push for crypto-friendly policies, such as lower taxes and reduced regulations.
Crypto associations are joining forces to lobby the government to protect the interests of Bitcoin miners, such as opposing tax policies targeting Bitcoin miners.
Crypto associations are joining forces to lobby the government to ensure that Bitcoin miners can continue to access low-cost electricity and to ensure that the power grid can meet future demand.