Coinbase, Circle Help Set Up US Blockchain Industry Association

Cryptovest

Published Sep 12, 2018 07:40AM ET

Updated Sep 12, 2018 09:00AM ET

Coinbase, Circle Help Set Up US Blockchain Industry Association

Several top US crypto players, including Coinbase and Circle, have teamed up to launch an advocacy group aiming to be the voice of digital currency and blockchain companies, the Washington Post reported on Tuesday. Called Blockchain Association, the new entity wants to represent crypto industry interests before US lawmakers and regulators.

Coinbase, one of the world’s largest cryptocurrency exchanges, and Circle, a blockchain-based payment solutions provider and now owner of the Poloniex trading platform, have been joined by the likes of Digital Currency Group, which has interests in various crypto-related assets, including virtual coin payment provider Bitpay. Founding members also include venture capital outfit Polychain, and technology startup Protocol Labs.

“The Blockchain Association is an effort t...


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