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Binance.US leaves Blockchain Association to form own DC government affairs team

Published 04/21/2022, 05:15 PM
Updated 04/22/2022, 07:00 AM
Binance.US leaves Blockchain Association to form own DC government affairs team

Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the advocacy group Blockchain Association. Both organizations’ sides have been tight-lipped about the split, commenting publicly only with short statements.

A Binance.US spokesperson told Cointelegraph, “We believe it’s time we had a clear voice with meaningful impact in the emerging policy debates around digital assets and cryptocurrencies in Washington. We are excited to establish our own Government Affairs team in D.C. to actively engage in direct and constructive dialogue with U.S. policymakers on smart regulation that increases clarity and trust, while allowing American innovation and leadership to flourish in crypto.”

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