{"id":3930,"date":"2023-05-04T00:30:04","date_gmt":"2023-05-04T04:30:04","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/blockchain-association-packs-up-out-of-ny-to-focus-on-federal-crypto-policy\/"},"modified":"2023-05-04T00:30:04","modified_gmt":"2023-05-04T04:30:04","slug":"blockchain-association-packs-up-out-of-ny-to-focus-on-federal-crypto-policy","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=3930","title":{"rendered":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy"},"content":{"rendered":"
\n

The Blockchain Association is moving out of New York.<\/p>\n

One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the state to focus on federal policy.<\/p>\n

\u201cBlockchain Association is shifting resources out of NY State to focus on federal policy \u2014 and we continue to hire and build out our full time staff in Washington,\u201d said the association\u2019s CEO Kristin Smith, in an emailed statement. \u201cOur mission remains the same: to advance the future of crypto in the United States.\u201d<\/p>\n

The news was first reported by CoinDesk.\u00a0<\/p>\n

The group has big name members including Ripple, Genesis, Dapper, Digital Currency Group, Kraken and Circle.<\/p>\n

A spotlight on federal oversight of crypto\u00a0\u00a0<\/h2>\n

The Blockchain Association\u2019s move follows an uptick in enforcement actions from U.S. federal regulators, including the Securities and Exchange Commission.\u00a0<\/p>\n

The SEC has brought some high profile cases including charges against Terraform Labs<\/u> and its CEO Do Hyeong Kwon as well as against celebrities<\/u> from Lindsay Lohan to Soulja Boy. The agency too recently served a Wells notice<\/u> to crypto exchange Coinbase.\u00a0<\/p>\n

The Commodity Futures Trading Commission too has stood its ground, most recently bringing charges against crypto behemoth Binance for allegedly knowingly offering unregistered crypto derivatives products in the U.S.<\/p>\n

This comes as some lawmakers try to pull together legislation to regulate crypto with bills expected to be introduced in the coming months<\/u>.\u00a0<\/p>\n

House Financial Services Committee Chair Patrick T. McHenry, R-N.C., said last week during the Consensus 2023 conference that his committee and the House Agriculture Committee plan to introduce comprehensive legislation soon.\u00a0<\/p>\n

Pack it up New York<\/h2>\n

The Blockchain Association announced last year that it was expanding its second office in New York to Albany to work on state regulatory issues.<\/p>\n

New York regulators have been busy over the past few months.<\/p>\n

Last month, the New York State Department of Financial Services passed a law <\/u>that requires companies holding a BitLicense to pay assessment fees similar to insurance and banking firms.\u00a0<\/p>\n

Earlier this year, that regulator also said it planned to require state-regulated firms<\/u> to disclose how they account for clients\u2019 digital currency.\u00a0<\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Blockchain Association is moving out of New York. One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the state to focus on federal policy. \u201cBlockchain Association is shifting resources out of NY State to focus on federal policy \u2014 and we continue to hire and build out […]<\/p>\n","protected":false},"author":1,"featured_media":3931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-3930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"\nBlockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=3930\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=3930\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T04:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/washington-dc-g162771e0d-1920.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1268\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=3930#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=3930\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy\",\"datePublished\":\"2023-05-04T04:30:04+00:00\",\"dateModified\":\"2023-05-04T04:30:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=3930\"},\"wordCount\":373,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=3930#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=3930\",\"url\":\"https:\/\/ifintechworld.com\/?p=3930\",\"name\":\"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-04T04:30:04+00:00\",\"dateModified\":\"2023-05-04T04:30:04+00:00\",\"description\":\"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=3930#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=3930\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=3930#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld","description":"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=3930","og_locale":"en_US","og_type":"article","og_title":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld","og_description":"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the","og_url":"https:\/\/ifintechworld.com\/?p=3930","og_site_name":"iFintechWorld","article_published_time":"2023-05-04T04:30:04+00:00","og_image":[{"width":1268,"height":574,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/washington-dc-g162771e0d-1920.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=3930#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=3930"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy","datePublished":"2023-05-04T04:30:04+00:00","dateModified":"2023-05-04T04:30:04+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=3930"},"wordCount":373,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=3930#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=3930","url":"https:\/\/ifintechworld.com\/?p=3930","name":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-04T04:30:04+00:00","dateModified":"2023-05-04T04:30:04+00:00","description":"The Blockchain Association is moving out of New York.One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=3930#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=3930"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=3930#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/3930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3930"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/3930\/revisions"}],"predecessor-version":[{"id":3932,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/3930\/revisions\/3932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/3931"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}