#Cryptocurrency Associations Form Alliance#

Cryptocurrency associations have formed a coalition aimed at providing a cohesive set of crypto policy recommendations to the federal government. The North American Blockchain Association (NABA) was formed by blockchain associations in eight states and includes 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. NABA was created to more effectively communicate with the federal government on crypto policy and advocate for crypto-friendly policies. The organization's formation also reflects the growing importance the cryptocurrency industry places on influencing policymakers. NABA's members include some of the largest cryptocurrency companies, such as Coinbase and Galaxy Digital Holdings, as well as Bitcoin miners like MARA Holdings, Riot Platforms, Core Scientific, Bitmain, and Cipher Mining. The organization's formation marks a significant step forward for the cryptocurrency industry in policymaking, and future developments of NABA and its impact on cryptocurrency policy will be closely watched.