#Eight States Blockchain Association Alliance Established#
Hot Topic Overview
Overview
Eight U.S. state blockchain associations announced the formation of the North American Blockchain Association (NABA) on Tuesday, with the aim of providing the federal government with cohesive crypto policy recommendations. 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 Committee, the Pennsylvania Blockchain Alliance, the Virginia Blockchain Council, and the Cascadia Blockchain Committee of the Washington Technology Industry Association. The establishment of NABA aims to strengthen collaboration between state-level associations and provide a more unified voice for crypto policy recommendations to the federal government. The formation of the organization comes as President-elect Donald Trump's second inauguration approaches, and crypto policy groups prepare to accelerate advocacy efforts.
Ace Hot Topic Analysis
Analysis
The North American Blockchain Association (NABA) was recently formed, comprised of blockchain associations from eight U.S. states, with the goal of providing cohesive crypto policy advice to the federal government. NABA's formation aims to strengthen collaboration among state-level blockchain associations and collectively push for the development of crypto policy. Members of the organization 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 Council. NABA's formation comes as President-elect Donald Trump prepares to take office, and the organization hopes to play an active role in crypto policy development under the Trump administration. NABA's establishment also reflects the importance states across America place on blockchain technology and their support for the development of the cryptocurrency industry.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Eight
U.S.
state
blockchain
associations
have
joined
forces
to
form
the
North
American
Blockchain
Association
(NABA)
in
a
bid
to
provide
a
cohesive
voice
on
cryptocurrency
policy
to
the
federal
government.
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
Washington
Technology
Industry
Association
's
Cascadia
Blockchain
Council.
NABA
was
formed
in
response
to
the
incoming
Trump
administration
's
potential
policies
toward
the
cryptocurrency
industry
and
hopes
to
influence
policymaking
through
united
action.
NABA
's
formation
also
reflects
the
importance
of
blockchain
technology
and
cryptocurrency
to
U.S.
states
and
the
willingness
of
states
to
collaborate
in
this
field.