The energy in the room this week at the Blockchain Association Policy Summit was incredible! We're looking forward to working with US regulators as they advance pro-crypto policy to usher in a new era of financial inclusion and opportunity 🇺🇸 At Notabene, we're committed to playing an active role connecting, educating, and learning from both regulators and industry leaders to champion regulatory guidance that keeps consumers safe, safeguards against illicit financial activity, and expands the market for everyone! Special thanks to Dan Spuller, Kristin Smith, and the Blockchain Association for hosting an amazing event 👏 Check out the post from Lana Schwartzman - CAMS, CCFC, CRC, NB-TRFC for a few key takeaways... 👇
Head of Regulatory and Compliance at Notabene || NFT, Web3, Crypto Compliance
A powerhouse lineup at the Blockchain Association Policy Summit! 🚀 Can you guess which representatives/senators now know about Notabene and the importance of #TravelRule in its role of stoping illicit activity?? Here are my main takeaways: 🔥 Senator Cynthia Lummis discussed her proactive role in shaping crypto policy, including stablecoin legislation and proposing a strategic Bitcoin reserve to tackle national debt. She stressed the need for clear regulations to attract innovation and bipartisan action on de-banking issues. 💼 SHE IS AWESOME 👏 I’ve been following her from the day (years ago) when she said that she read the Bitcoin Standard! 🏛️ Commissioner Summer Mersinger highlighted the CFTC’s principles-based approach to crypto regulation, focusing on innovation and market-driven solutions while protecting markets. 📈 She is such an incredible powerhouse and so thoughtful! 🗣️ Commissioners Hester Peirce and Mark Uyeda criticized the SEC’s enforcement-heavy stance, calling for transparency, public input, and a tailored disclosure framework. Collaboration with Congress and the CFTC and a culture shift at the SEC are critical for meaningful progress. Thankfully, Paul Atkins is ready to lead that charge! 💡 🇺🇸 Reps. French Hill and Patrick McHenry reflected on advancing digital asset policy through the Fit 21 bill and creating a digital asset subcommittee. Federal stablecoin standards and clear market structures are the way forward for clarity and transparency. 🏦 Its incredible that Representative J. French Hill will assume the role of Chairman of the House Financial Services Committee, a pivotal congressional panel overseeing the U.S. financial sector, including banking, securities, and digital assets. 💥 🌍 Senator Tim Scott shared his vision for financial inclusion and the role of digital assets in democratizing finance. Plans for bipartisan collaboration and reducing regulatory burdens are key to empowering entrepreneurs. 🚀 🛡️Superintendent Adrienne Harris spoke about NYDFS’s rigorous crypto framework as a model for regulation. She emphasized consumer protection, state-federal collaboration, and engaging with stakeholders to harmonize standards. 🤝 The message? Collaboration, clarity, and innovation are essential for the future of crypto. Everyone is super excited about crypto regulation with the new administration, moving things and making it happen. You could feel the excitement and positivity in room. Also fun fact was the 1/4 of Americans own crypto! We not going anywhere except 🚀 Kudos to Dan Spuller, Kristin Smith, and the rest of the Blockchain Association for hosting such critical conversation! 🙌 #BlockchainPolicy #CryptoRegulation #BitcoinReserve #Innovation #DigitalAssets
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