The Crypto Council for Innovation, a key industry alliance focused on cryptocurrency policy matters, has recently expanded its membership roster. Circle, a global financial technology firm, and the Solana Foundation, renowned for its involvement in the Solana blockchain platform, are the latest additions. This move signifies a growing coalition of influential players in the crypto space, including existing members like Andreessen Horowitz and Fidelity Digital Assets.
In parallel with these new memberships, the council has made strategic hires to strengthen its policy advocacy. Ryan Eagen, formerly with Senate Majority Leader Chuck Schumer’s office, joins as the associate director of government affairs. Patrick Kirby, previously part of the government relations team at the law firm Dentons, steps in as policy counsel. These additions come at a pivotal time as the U.S. crypto community celebrates the SEC’s approval of spot bitcoin ETFs, marking a significant regulatory milestone.
Both Circle and the Solana Foundation expressed enthusiasm about contributing to the council’s mission. They aim to foster responsible innovation, advocate for sensible Web3 regulations, and advance blockchain technologies for social good. This expansion and strengthening of the Crypto Council for Innovation’s team underscore the growing importance of collaborative efforts in shaping the future of blockchain and cryptocurrency regulation.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.