Blockchain Association CEO Sees Better U.S. Crypto Regulation Ahead

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Blockchain Association CEO Sees Better U.S. Crypto Regulation Ahead
  • Blockchain Association CEO Kristin Smith believes the U.S. crypto policy will get better.
  • Smith has stated that the crypto industry will likely get comprehensive crypto regulation in the next two years.
  • The lobbyist revealed that pro-crypto lawmakers are gearing up for the next election cycle to support crypto.

Kristin Smith, the Chief Executive of the Blockchain Association, sees better days for crypto policy and regulation in the United States. The pro-crypto lobbyist believes that the stance of policymakers, regulators, and legislators in the country is starting to shift for the better.

In a recent interview with CoinDesk, Kristin Smith reflected on the regulatory landscape for crypto in the United States and her role as a lobbyist in Washington, D.C. Kristin believes that the American crypto industry may have to wait between 18 to 22 months before policymakers introduce comprehensive crypto regulations for the sector.

The Blockchain Association CEO revealed that her organization is in the process of investigating claims of crypto de-banking, which is part of a larger scheme referred to as Operation Choke Point 2.0. This operation is believed to be a coordinated effort by various U.S. federal agencies, including the SEC, to keep crypto from mass adoption.

Speaking on her role as a lobbyist in Washington, D.C., Smith stated that one of the top priorities of her organization is to educate policymakers in the country. According to the CEO, learning about blockchain technology will lead to wider acceptance of the crypto industry. When asked to describe in a word her outlook regarding the U.S. crypto policy, Smith said: Bright.

Furthermore, the anti-crypto stance is reportedly starting to transition into something less hostile, according to Smith. She further talked about Elizabeth Warren, the Democratic Senator from Massachusetts, embracing the term “anti-crypto.” However, Smith stated that Warren’s colleagues in the Democratic party don’t share her view. She added that pro-crypto legislators are already pushing back on such views ahead of the upcoming election cycle.

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