#Eight-State Blockchain Association Joins Forces to Form New Organization#
Hot Topic Overview
Overview
Eight U.S. state blockchain associations have jointly formed the North American Blockchain Association (NABA) on Tuesday, aiming to provide a cohesive set of crypto policy recommendations to the federal government. The organization comprises the Texas Blockchain Council, Alabama Blockchain Alliance, California Blockchain Advocacy Coalition, Florida Blockchain Business Association, Ohio Blockchain Council, Pennsylvania Blockchain Alliance, Virginia Blockchain Council, and the Washington Technology Industry Association Cascadia Blockchain Council. The formation of NABA aims to strengthen collaboration among state-level blockchain associations and provide more unified crypto policy advice to the federal government. The organization's establishment also reflects the growing need for the U.S. crypto industry to exert influence on policymakers.
Ace Hot Topic Analysis
Analysis
The Blockchain Associations of eight US states announced the formation of the North American Blockchain Association (NABA) on Tuesday, with the aim of providing cohesive crypto policy advice to the federal government. The organization is comprised of the Texas Blockchain Council, Alabama Blockchain Alliance, California Blockchain Advocacy Coalition, Florida Blockchain Business Association, Ohio Blockchain Council, Pennsylvania Blockchain Alliance, Virginia Blockchain Council and Washington Technology Industry Association’s Cascadia Blockchain Council. NABA’s formation is intended to enhance collaboration between states and the federal government, and provide a more unified voice for the cryptocurrency industry. The organization's formation comes as President-elect Donald Trump prepares for his second inauguration, a time when crypto policy groups are preparing to accelerate their advocacy. NABA's formation also reflects the growing importance of blockchain technology in US states, and the recognition of its potential role in the future of the economy.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The North American Blockchain Association (NABA) was formed to provide a cohesive voice for cryptocurrency policy recommendations to the federal government.
NABA was formed by a coalition of eight state blockchain associations, each of which is independent but can work together when necessary.
NABA was formed in response to the Trump administration's cryptocurrency-friendly policies and to provide a stronger voice for the industry.
NABA'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 Cascadia Blockchain Council of the Washington Technology Industry Association.