#Eight associations form an alliance to advise the government on cryptocurrency policies.#
Hot Topic Overview
Overview
Eight U.S. blockchain associations recently joined forces to form the North American Blockchain Association (NABA), aiming to provide unified cryptocurrency policy recommendations to the federal government. The alliance, led by the Texas Blockchain Council (TBC), includes members such as 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. The establishment of NABA is a response to the Trump administration's cryptocurrency-friendly policies and aims to offer the federal government more cohesive crypto policy recommendations. TBC Chair Lee Bratcher expressed optimism about the Trump administration's cryptocurrency-friendly stance and believes the alliance will contribute to the advancement of the cryptocurrency industry.
Ace Hot Topic Analysis
Analysis
Eight US blockchain associations have joined forces to form the North American Blockchain Association (NABA), aiming to provide unified cryptocurrency policy recommendations to the federal government. 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. NABA's formation aims to provide cohesive cryptocurrency policy recommendations to the federal government and is optimistic about the cryptocurrency-friendly policies of the new Trump administration. NABA Chairman Lee Bratcher stated that Texas' power grid growth is facing challenges but is expected to not impose discriminatory restrictions on mining companies. The formation of NABA marks the US blockchain industry's active pursuit of collaboration with the government to drive the development of cryptocurrency.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Eight US blockchain associations have joined forces to form the North American Blockchain Association (NABA), aiming to provide unified cryptocurrency policy recommendations 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 Cascadia Blockchain Council of the Washington Technology Industry Association.
NABA is optimistic about the Trump administration's cryptocurrency-friendly policies, believing that they will benefit Bitcoin miners.
NABA believes that the Texas power grid faces challenges, but does not expect discriminatory restrictions on mining companies.