A group of major companies, including Fidelity, Coinbase, and Square, have formed a crypto council to lobby policy makers.
The Crypto Council for Innovation has a stated mission of demonstrating the “transformational promise of crypto and communicate its benefits to policymakers, regulators, and people around the globe.” The Wall Street Journal first reported the news.
Crypto venture capital firm Paradigm is also an initial member of the council. Paradigm co-founder Fred Ehrsam told the WSJ that crypto is at a “mainstream inflection point.”
