Blockchain Association (@BlockchainAssn) on X (original) (raw)

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  1/ Today, we’re sending a letter to Senate Majority Leader Thune and Senate Democratic Leader Schumer signed by 160 former national security, intelligence, and law enforcement professionals in support of the Clarity Act.theblockchainassociation.org/posts/blockcha…
  
  
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  “ICBA is right that American families care about their local economies. That's exactly why they deserve access to digital payment tools operating under the clear federal rules the Clarity Act would establish. What they don't need is their community bank trade association running
• Blockchain Association reposted
  
  This recent DOJ complaint is a reminder that law enforcement already has all the tools it needs to pursue bad actors who knowingly facilitate illicit finance. Note: the BRCA does not change that. In fact, the Clarity Act gives prosecutors and law enforcement *more* tools and
  
  Concrete evidence that the federal money laundering laws are alive and well in this country - being used appropriately to target a centralized mixing service that *did control funds* and *was easily traced and charged by law enforcement* Highly relevant when we hear people
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  We're looking forward to connecting with our members tonight in NYC. 👇
  
  
• Blockchain Association reposted
  
  The United States cannot lead in blockchain innovation if we do not prioritize the protection of software developers building the tech
  
  "Developers who do not have custody or control over user funds are not financial intermediaries and should not be regulated as such."
  @lindsayfraser0
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  @BlockchainAssn
  on the Main Stage at ETHConf.
  
  
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  Replying to @BlockchainAssn
  end/ Getting GENIUS Act implementation right matters. And the work continues. A clear, consistent, pro-innovation framework can strengthen consumer protection, support responsible stablecoin growth, and help maintain the United States as the #1 destination for digital asset
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  Replying to @BlockchainAssn
  3/ We called for the FDIC to take a coordinated, principles-based approach, harmonized across federal stablecoin regulators. That means workable reserve requirements, flexible redemption rules, clear definitions, and avoiding unnecessary restrictions that would undermine
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  Replying to @BlockchainAssn
  2/ We urged FinCEN/OFAC to work together closely to develop a framework that focuses compliance obligations where stablecoin issuers have real customer relationships and operational control – including issuance, redemption, reserve management, and fiat conversion. Peer-to-peer
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  1/ This week, Blockchain Association filed two comment letters on GENIUS Act stablecoin rulemakings – one with FinCEN/OFAC and one with the FDIC. Our message: stablecoin rules should protect consumers, combat illicit finance, and preserve U.S. leadership in digital assets. 🧵
  
  
• Blockchain Association reposted
  
  Wow...what a day.
  @BlockchainAssn
  's largest Capitol Hill Fly-In to date. 52 Senate Office meetings. 30 Blockchain Association members represented. In what is one of the most critical legislative moments for the crypto industry, our members showed up and advocated for what is