Blockchain Association Addresses Sen. Elizabeth Warren’s Cryptocurrency Recruitment
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The Blockchain Association has extended an olive branch to Senator Elizabeth Warren, inviting cooperation on crypto-related issues she raised in her recent letter.
The Blockchain Association, a prominent nonprofit supporting the digital asset economy, has issued a cautious response to Senator Elizabeth Warren’s concerns about government hiring in the crypto industry.CEO Kristin Smith gave a speech to Warren on December 18, publicly extending an invitation to cooperate. letter.
In that letter, Warren expressed concerns that state officials might use their roles in the cryptocurrency space to seek future positions, pointing to reports of former Department of Defense and law enforcement personnel obstructing digital asset regulation.
Smith affirmed the Blockchain Association’s commitment to transparency, acknowledging the presence of former military and intelligence professionals on its roster. Smith highlighted their appeal to the crypto industry as it aligns with values such as freedom and creativity.
“We believe cryptocurrency values are American values. Blockchain technology has demonstrated the potential to enhance financial inclusion (…) and provide new wealth-building opportunities beyond Wall Street.”
Christine Smith
Coin Center CEO Jerry Brito criticized Warren’s letter as a “bullying publicity stunt” that questioned demands for transparency while suggesting that nonprofits should be immune from government scrutiny. Warren is an outspoken critic of digital assets and has advocated for measures to address illegal use, prompting exchanges such as Coinbase to refute accusations that hiring former government officials has hindered regulatory progress.
