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<ul>
 <li>Crypto lobbying and advocacy groups in the United States have turned up pressure on lawmakers. </li>
 <li>The lobbyists are pushing for crypto-friendly legislation in the interest of regulatory clarity.</li>
 <li>The push for regulatory clarity comes in the run-up to a key vote regarding a draft bill.</li>
</ul>
Crypto lobbying and advocacy groups in the United States have turned up pressure on lawmakers in order to get crypto-friendly legislation passed by them. Groups including the Blockchain Association, Chamber of Digital Commerce, and Coinbase Global, have approached members on both sides of Congress in a bid to drum up bipartisan support for a key draft bill that is set to go for a vote in a few weeks.
According to a report by <a href="https://www.reuters.com/technology/us-crypto-lobbyists-court-democrats-fresh-legislative-push-2023-07-10/" target="_blank" rel="noopener noreferrer nofollow">Reuters</a>, the latest push on Capitol Hill comes amid the crackdown on crypto by the <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a>. Several crypto executives and lobbyists told Reuters that the recent actions of the SEC prompted them to scale up their efforts for regulatory clarity for the American crypto market.
The lobbyist as well as advocacy groups are hoping to address the problem surrounding regulation of crypto assets through the upcoming draft bill vote. The bill…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/u-s-crypto-lobbyists-push-lawmakers-for-favorable-legislations/">U.S. Crypto Lobbyists Push Lawmakers For Favorable Legislations</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

U.S. Crypto Lobbyists Push Lawmakers For Favorable Legislations

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