A Crypto-investor Protection Group Was Formed In The US. It Includes Coinbase
Several major American blockchain companies have created an association that together with the government will develop legal regulation of the industry.
In Washington, major American companies that are associated with cryptocurrencies, founded a blockchain association. The lobbying group included Coinbase, Protocol Labs, Digital Currency Group and Polychain Capital.
The organization will represent the interests of entrepreneurs and investors who work with digital money. It will deal with relations with the authorities in matters of taxation and the development of the legal framework. The Blockchain Association will help the government fight money laundering in this industry and should improve the user identification system.
Russian Association of Cryptoindustry and Blockchain (RACIB) reacted to this news. Its representatives wrote in the telegram account that they were ready to cooperate with the American organization.