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Cryptocurrency News Articles

Blockchain Association Announces Record-Breaking Membership Milestone, Enlists 16 New Members to Support Pro-Innovation National Policy

Feb 21, 2025 at 06:02 am

Blockchain Association, an established advocacy organization in the United States focused on the crypto and blockchain industry, has announced a record-breaking membership milestone.

Blockchain Association Announces Record-Breaking Membership Milestone, Enlists 16 New Members to Support Pro-Innovation National Policy

The Blockchain Association, a leading crypto and blockchain advocacy organization in the United States, has announced a record-breaking membership milestone. On Thursday, the Blockchain Association announced the addition of 16 new members to support pro-innovation national policy and regulatory efforts for the cryptocurrency industry.

The organization has welcomed more than a dozen well-funded Web3 projects, bringing its total membership close to 100. Some of the notable projects and organizations joining the Blockchain Association include Chainlink Labs, Zcash Foundation, Uniswap Foundation, Polymer Labs, Jito, Flow Traders, Alchemy, FalconX, and Sky Mavis, among others.

“Their addition comes at a crucial moment in the digital asset industry, as we continue to advocate on behalf of the digital asset industry in Washington and work to achieve smart, lasting policy to ensure American crypto innovation can thrive,” said Kristin Smith, CEO of the Blockchain Association.

The increasing membership of the Blockchain Association will help it advance policy priorities in the United States, especially under the pro-crypto administration led by President Donald Trump. Additionally, more lawmakers in the United States have shown interest in the cryptocurrency and blockchain communities to stay relevant in their political careers.

“Our record-breaking membership growth reaffirms that Blockchain Association is the most trusted and effective voice for the crypto industry in Washington, D.C. While others talk, we take action – driving policy forward, shaping the regulatory landscape, and ensuring that innovation is met with opportunity, not roadblocks,” said Dan Spuller, Senior Director of Industry Affairs at Blockchain Association.

Significant Impact of Blockchain Association on the Crypto Industry

Founded in 2018, the Blockchain Association has grown substantially alongside the cryptocurrency industry. Over the years, the organization has had a direct impact on shaping how the cryptocurrency industry operates, particularly in the United States.

In its efforts to help the US government shape the cryptocurrency industry, the Blockchain Association has played a key role in challenging the IRS over its broker definition, which requires DeFi protocols and crypto wallets to report tax returns. The organization has been urging the current US Congress to overturn the move, which could potentially cripple the Web3 space in the country.

During the ongoing Ripple vs SEC lawsuit, the Blockchain Association has heavily criticized the agency for its regulation by enforcement over the past years. Under the Trump administration, the current US SEC has taken steps to ensure that laws passed by Congress are implemented in favor of the blockchain and crypto industry to enhance liquidity creation and retail investors’ protection.

The organization has also fought hard for the independence of Web3 developers following the attack on Tornado Cash in the United States. At the same time, the organization has worked closely with active legislators to enhance crypto education through its annual policy summits.

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