Blockchain Association responded to the questions raised by US senator Elizabeth Warren.
Senator Warren sent a letter to the Blockchain Association last month, criticizing the involvement of former government officials in lobbying for cryptocurrencies.
Warren notes how many government officials and members of Congress work at the Blockchain Association. What are your responsibilities? He demanded to find out.
Blockchain Association CEO Kristin Smith said: “Although the Blockchain Association does not currently have anyone who meets the criteria you mentioned in your question, we are proud that our members include many former military, national security and intelligence employees, and law enforcement experts.” said.
Smith, “These individuals could have pursued many different professional opportunities after leaving government employment. However freedom, creativity, sovereignty of the individual And permissionless innovation Because they value it, they are drawn to working in the emerging digital asset industry.” he added.
Warren on cryptocurrency miners, validators, wallets and other service providers legal audits Last year, he brought up the bill that would increase the Smith said that these people should also be included within the scope of the Bank Secrecy Act. negative consequences He claims that he will give birth.