#Eight Associations Jointly Lobby for Crypto Policy#

The Blockchain Associations of eight U.S. states have joined forces to form the North American Blockchain Association (NABA), aiming to provide a unified set of crypto 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 comes as a response to the Trump administration’s pro-crypto policies, with the aim of providing more cohesive crypto policy recommendations to the federal government. NABA Chairman Lee Bratcher expressed optimism about the pro-crypto policies of the Trump administration, and believes that some of the unfair actions taken by the Biden administration will no longer occur. NABA members include many large companies such as Coinbase and Galaxy Digital Holdings, as well as Bitcoin miners like MARA Holdings, Riot Platforms, Core Scientific, Bitmain, and Cipher Mining. NABA’s establishment signifies the American crypto industry’s active pursuit of collaboration with the government to drive the development and formation of crypto policies.