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The Blockchain Affiliation extends an olive department to Senator Elizabeth Warren, inviting collaboration on crypto-related issues raised in her current letter.
The Blockchain Affiliation, a outstanding nonprofit supporting the digital asset financial system, has issued a measured response to Senator Elizabeth Warren’s issues about authorities hires within the crypto trade. CEO Kristin Smith prolonged an open invitation to collaborate, addressing Warren’s Dec. 18 letter.
In that correspondence, Warren expressed apprehensions that state officers may leverage their roles for future positions within the crypto sector, pointing to experiences of ex-defense and regulation enforcement personnel hindering digital asset regulation.
Smith affirmed the Blockchain Affiliation’s dedication to transparency, acknowledging its former army and intelligence professionals on the roster. Smith emphasised their attraction to the crypto trade on account of its alignment with values like freedom and creativity.
“We consider crypto values are American values. Blockchain know-how has demonstrated the potential to reinforce monetary inclusion […] and supply new wealth-building alternatives exterior of Wall Road.”
Kristin Smith
Coin Middle CEO Jerry Brito criticized Warren’s letter as a “bullying publicity stunt,” questioning the demand for transparency whereas implying nonprofits ought to be exempt from authorities scrutiny. Warren, a vocal critic of digital property, has advocated for measures addressing illicit makes use of, prompting exchanges like Coinbase to refute allegations of using former authorities officers to impede regulatory progress.
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