Crypto Council for Innovation

Crypto Council for Innovation

Public Policy Offices

Unlocking the promise of crypto.

About us

The Council is the premier global alliance advancing crypto innovation. Crypto has immense potential to spur international economic growth and create jobs, improve financial inclusion and access, and enhance privacy and security. By sharing insights, expertise, and the facts about the global crypto ecosystem, the Council supports governments and institutions worldwide in efforts to shape and encourage the responsible regulation of crypto in a way that unlocks potential and improves lives.

Website
https://cryptoforinnovation.org
Industry
Public Policy Offices
Company size
51-200 employees
Headquarters
Washington, D.C.
Type
Partnership
Founded
2021

Locations

Employees at Crypto Council for Innovation

Updates

  • Today, CCI announced that after three years, Sheila Warren is stepping down as the inaugural CEO of CCI. We thank her for her vision and leadership, which established CCI as the leading advocate for the digital asset ecosystem and the first call for policymakers worldwide. During her tenure, she drove global expansion, key partnerships, and the integration of game-changing initiatives. Sheila will remain engaged with CCI as Senior Global Policy Advisor. We are excited to announce that incoming President and Acting CEO Ji Hun K. will lead CCI during this upcoming pivotal and promising year for crypto policy. Ji spearheaded recent legislative and regulatory initiatives, and will continue to execute CCI’s strategy in informing policy around the world. Under his ongoing leadership, CCI looks forward to a busy and exciting 2025 for our members and the industry. https://lnkd.in/d3KfVPXs

    View profile for Sheila Warren, graphic

    Chief Executive Officer | Board Member | Strategic Advisor

    It is with a mix of excitement and sadness that I share that I will be stepping down as CCI’s inaugural CEO. I am thrilled to announce that as of 1/6/2025, Ji Hun K., with whom I have partnered closely for the past two years, will be President and Acting CEO of CCI, and I will transition to Senior Global Policy Advisor at CCI. (You’ll have to wait until January for the details about what I’m up to next!) When I became CCI’s first CEO three years ago, it was a different era—before the FTX debacle and just as Gary Gensler’s attacks on the industry were beginning to unfold. I’m incredibly proud of the organization and team we’ve built from the ground up during such turbulent times, and of CCI’s achievements across multiple regions. It’s been demanding work in a tough environment, but policymakers consistently tell me that CCI is the reason they’ve remained open-minded about crypto, even amidst a bear market, crises, and negative press about the industry. During my tenure, we have become the leading voice for the responsible digital asset ecosystem worldwide - standing up CCI at the federal and state levels in the US; driving global expansion to the UK, Europe, Africa and Asia; securing new partnerships for global standards; integrating the Proof of Stake Alliance; and launching The Center for a Digital Future. Most importantly, we have built a world-class team that represents the best of crypto policy and serves as go-to resources for policymakers worldwide. It has been extremely rewarding seeing the vision I articulated years ago come to fruition, and I am thrilled that Ji will carry forward CCI’s legacy of deep expertise, sophistication, and global awareness in his new role. I cannot think of a better person to build on the strong foundation that he helped create, and I am excited to support him in 2025. With Ji's continued leadership, I am confident that CCI will achieve a smart, fit-for-purpose regulatory outcome in Washington, just as we have successfully done - and will continue to do - in nearly every other market where we operate. As our future becomes increasingly digital, the freer movement of value across borders, and systems that prioritize empowerment of users, are imperative. It is an ongoing privilege to speak on behalf of this technology, which I deeply believe is not just exciting but essential. My next chapter will focus on driving innovation and impact on an even greater scale. So this isn’t goodbye—it's just the beginning of a new adventure. There are too many people who have been instrumental to CCI’s success to name here, but in addition to Ji, I want to offer my gratitude specifically to CCI’s Board and members and to Annie Dizon, Senator Cory Gardner, Amanda Russo, and Gillian Reid, who all jumped on this ship very early on when it was basically a bunch of loosely bound planks and a vision, and have stayed aboard with their tremendous talents. How far we’ve come, and how far CCI will go: I can’t wait to see it.

  • New CCI Explainer 🌐 Stablecoins redefine traditional banking from fiat-backed security to on-chain innovation. ◼️ Fiat-backed stablecoins dominate, offering simplicity and reliability, while decentralized, overcollateralized models chart the future of asset-backed lending. ◼️ Lessons from U.S. banking history illuminate stablecoins’ potential to revolutionize payments, lending, and financial accessibility. ◼️ A third category, strategy-backed synthetic dollars, emerges as an investment option but lacks stability for widespread transactional use. 🔗 Learn more: https://lnkd.in/eMZegNTw

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  • New CCI Explainer 📈 How Does Ethereum Work and Why Are EIPs Key to Its Growth? ◾ Ethereum’s flexibility supports smart contracts and dApps, enabling regular updates through Ethereum Improvement Proposals (EIPs). ◾ EIPs Process: Proposed by stakeholders, reviewed by the community, and bundled into annual upgrades to ensure minimal disruptions. ◾ Key EIPs to know: ◽ EIP-20 (ERC-20): Standardized token creation, driving DeFi and DAOs. ◽ EIP-1559: Improved fee predictability with base fee burning. ◽ EIP-3675: Transitioned Ethereum to Proof-of-Stake, cutting energy use by 99.95%. ◽ EIP-4844: Enhanced scalability and reduced Layer 2 costs. ◾ EIPs drive Ethereum’s performance, scalability, and ether’s value—critical for informed investors. 🔗 Learn more about Ethereum’s evolution here 👇 https://lnkd.in/e46rAvtg

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  • New CCI Explainer💡Chain abstraction creates a seamless, user-friendly blockchain experience and unifies transactions across multiple networks. Here's why it matters: ◾ Chain abstraction hides blockchain complexity, allowing users to interact with multiple networks through a single account without needing to manage wallets, bridges, or gas fees. ◾ It simplifies user onboarding, enhances liquidity across chains, and streamlines development, enabling smoother transactions. ◾ Projects like Particle Network and Xion showcase its potential in DeFi, gaming, and SaaS, though regulatory uncertainty and the need for developer cooperation remain obstacles. Read more 👇 https://lnkd.in/eHMfTaNG

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  • New CCI Explainer 💡 As interest in digital assets grows, financial advisors are fielding common questions about volatility, asset selection, and custody options. ◾ Digital assets, particularly bitcoin, are more volatile than traditional asset classes but often less volatile than individual stocks like Apple or Microsoft. ◾ Bitcoin is often the first choice for its security and decentralization, while assets like ether can be considered based on experience, risk tolerance, and goals. ◾ Self-custody provides control but requires technical expertise, while third-party custodians offer secure storage and simplified key management, making them ideal for those seeking convenience and reduced risk. Read more 👇 https://lnkd.in/egM9xy9Z

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  • News Alert 🛍️ Bitcoin’s record-breaking highs spark luxury brands’ interest in accepting crypto payments, offering an innovative edge and targeting new wealth demographics. ◾ French department store Printemps and S.T. Dupont join brands like Gucci and BALENCIAGA in enabling bitcoin and ether payments, with plans for international expansion. ◾ While payments are typically converted to fiat, brands see crypto adoption as a way to attract younger, tech-savvy consumers and position themselves as innovators. ◾ Expectations for pro-crypto policies under the Trump administration enhance luxury brands' confidence in integrating digital asset payments. 🔗 Read more Reuters👇 https://lnkd.in/dd_Q-Zw4

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  • News Alert 🌐 As decentralization matures, 2025 is poised to redefine industries and economies through blockchain, AI, and digital infrastructure. ◾ Nations adopting bitcoin as a reserve asset could propel its value beyond $500,000, solidifying its status as a hedge against fiat instability. ◾ Decentralized physical infrastructure networks (DePIN) will enable passive income generation through resource sharing, solving real-world issues from disaster alerts to energy grid management. ◾ AI-powered search tools will overshadow traditional search engines, while humanoid robots lead ethical and legislative conversations about human-AI collaboration. 🔗 Read more CoinDesk 👇 https://lnkd.in/eQHQFVx7

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  • News Alert 🇭🇰 Hong Kong approves four more crypto exchanges, strengthening its digital asset hub status. ◾ Hong Kong grants licenses to Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology, bringing the city’s total licensed crypto exchanges to seven. ◾ The approvals are part of Hong Kong's push to position itself as a global hub for digital assets, amid growing competition from crypto-friendly Singapore and Dubai. ◾ Analysts highlight the potential for reduced fees on Hong Kong’s spot Bitcoin and Ether ETFs, launched earlier this year, as more trading platforms enter the market. 🔗 Read more Reuters 👇 https://lnkd.in/efFEBsN7

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  • Closing out 2024 with the final crypto stories of the year 🌎 🌍 🌏 ESMA publishes final MiCA guidelines, Australia tightens rules on crypto custody, and Bank Indonesia unveils stage-one CBDC findings. Can the US keep up? 💡 🇪🇺 European Securities and Markets Authority (ESMA) published its third and final package of guidelines ahead of MiCA’s entry into force on Dec. 30, containing the remaining reverse solicitation and crypto classification guidelines. https://lnkd.in/d_cMTNDY 🇮🇹 Italy’s Bruna Szego secures MEPs’ endorsement as Chair of AMLA, the European Union's forthcoming anti-money laundering watchdog, set to shape crypto oversight and compliance. https://lnkd.in/dgcwwCMs 🇸🇻 El Salvador curbs Bitcoin for $1.4B International Monetary Fund deal, including limiting public transactions. The 40-month agreement aims to stabilize the economy and tackle fiscal challenges. https://lnkd.in/eDN_AHW6 🇦🇺 The Australian Securities and Investments Commission issues stricter guidelines for crypto custody and oversight of asset holders. https://lnkd.in/ehvZrQpQ 🇮🇩 PT. BANK NEGARA INDONESIA (Persero) Tbk. releases stage-one findings from its CBDC testing and outlines future plans for exploring digital securities. https://lnkd.in/d7-2ximX 🇭🇰 Hong Kong’s Securities and Futures Commission (SFC) grants VATP licenses to four exchanges in a competitive push for global leadership. https://lnkd.in/gjDmFwe7

  • News Alert 🏦 Deutsche Bank ventures into blockchain innovation with Ethereum-based layer-2 solution. ◾ Deutsche Bank is building a "public and permissioned" blockchain on Ethereum using ZKsync technology to address compliance challenges while improving transaction speed. ◾ The project, part of the Dama 2 initiative, provides regulated institutions with a blockchain platform that balances transparency and control, granting regulators "super admin rights." ◾ As part of Singapore’s Project Guardian, the initiative aligns with efforts to tokenize assets and integrate blockchain in traditional finance, bringing institutional innovation to the forefront. 🔗 Read more Bloomberg 👇 https://lnkd.in/eqWjT7Mt

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