More than 40 states unite to launch America’s Blockchain Coalition

First of its kind organization to drive multistate cooperation across the blockchain ecosystem

SEATTLE, 12 April 2023 /PRNewswire/ — Today, more than 40 states are coming together to launch America’s Blockchain Coalition (USBC), a first-of-its-kind organization built to drive multi-state cooperation and maintain US leadership in digital assets, Bitcoinand distributed ledger technology (DLT).

New digital asset, Bitcoin and DLT companies often lack the individual influence to influence legislation or policy outcomes. USBC is the only organization with a multi-state approach, leveraging hyperlocal relationships to seek consistent policies at the state level through alignment with public policy and legislative priorities. Led by representatives from Texas, Washington, California, Florida, Wyomingand Pennsylvaniathe first priorities will focus on the following results:

• Share best practices, lessons learned and other resources across states to develop a unified national strategy and supportive regulatory environment.
• Align and collaborate on public policy and legislative priorities; primarily at the state level.
• Create opportunities to collaborate on projects that improve the competitiveness of the United States, various regions, and individual states.

“There is great power in the community coming together to collectively advocate for the industry,” said Arry Yu, Founder and Co-Chair, America’s Blockchain Coalition and Chair, Cascadia Blockchain Council. “Through this coalition, we will break down silos and advance the conversation around the benefits of blockchain technology. By working together, we can inform national strategy and policy to increase the competitiveness of the US blockchain ecosystem.”

USBC members will highlight and catalog use cases across the country, provide accessible education to decision makers, build relationships with regulatory bodies and agencies, and proactively seek out new partnerships with industry, government, academia and investors for meaningful growth in the sector across the country. Notably, USBC counts the nation’s largest technology industry association, the Washington Technology Industry Association, as one of its founding members. The organization is also producing a state-by-state economic impact study on digital assets that will be released in early summer 2023.

“The Bitcoin and the blockchain industry is in a unique position – it has matured in its infancy and is on the way to widespread adoption,” said Lee Bratcher, Co-Chair, United States Blockchain Council and President, Texas Blockchain Council. “Together, USBC members can lay the building blocks for what’s next for our industry and create a cohesive operating environment for all states.”

USBC is actively recruiting new members to join its multi-state focused federation. If your state were to be recognized as a leader in digital assets, Bitcoin and DLT, join us here.

About the US Blockchain Coalition
The US Blockchain Coalition (USBC) is a proactive collaboration between government associations, private entities and influential individuals driving a national conversation about emerging technology policy, education and adoption. USBC’s mission is to share best practices, experiences, improve operational efficiency for each member, improve purchasing power for the benefit of each member, and to consolidate political influence. The coalition serves as conveners and subject matter experts with a multi-state focused collective voice to better advocate for constructive public policy and educate key stakeholders, especially investors.

SOURCE Washington Technology Industry Association