Kristin Smith: How Crypto Can Win Over Washington, DC

Policies enacted in the coming years related to securities laws, anti-money laundering and know-your-customer requirements, market integrity and taxes could smother our nascent industry, or they could lay the foundation for a flourishing and vibrant cryptocurrency and blockchain economy.

Our team at The Blockchain Association works to ensure that lawmakers and regulators see the industry for what it truly is: the future.

Since we founded two years ago, there have been a number of positive regulatory developments for our industry.

How do we secure the progress already made and combat threats to the potential of the industry?

The public policies that we need for crypto to thrive cannot be achieved if our industry is unwilling to unite and work with the government.

More established industries have long recognized that working together in Washington, even with their most vicious competitors, is an essential component of their success.

For crypto to reach its true potential, we likewise must win looming policy debates in Washington by expanding our base of support and being better prepared for an ever-changing political environment.

On the other side of the debate, the U.S. crypto and blockchain industry does have a growing stable of champions.

By working together and cultivating more champions, crypto can win over Washington.

Let's learn from the success of other industries in shaping positive policy outcomes and not be left sitting quietly on the sidelines in the fight for the future of our industry.