New Leadership for Blockchain Association
The Blockchain Association is busy setting the stage for a bright crypto future by bringing on board Ron Hammond as its new director of government relations. The move reflects an exciting phase for the association, which has stood as a prominent advocate for the cryptocurrency sector since its inception in 2018.
Ron Hammond: From Lobbyist to Leader
Previously, Hammond gained valuable experience as a key player in crypto policy while working for Representative Warren Davidson. He was particularly involved in the creation of the Token Taxonomy Act. His reputation was reinforced when he played a significant role in the Blockchain Association’s initial public appearance at Davidson’s roundtable back in September 2018. Following his stint in Congress, he transitioned to lobbying for Ripple before deciding to venture out on his own earlier this year.
A Growing Team
Hammond is one of the four recent full-time hires at the Blockchain Association this year, which has resulted in more than doubling the number of non-intern employees. Graham Newhall, the association’s communications advisor, highlighted the significance of this increase, stating, “We’re bursting at the seams with things we’d like to be doing.” That’s what you call a sign of progress; if they were a balloon, they’d soon be floating away!
Responding to Regulatory Challenges
The rapid growth of the Blockchain Association coincides with an upsurge in interest from the crypto industry regarding lobbying efforts. Much of this stems from recent proposals by the Financial Crimes Enforcement Network, particularly those affecting trading with self-hosted wallets. This heightened focus has compelled the organization to strategically navigate the hurdles posed by new regulations.
Charting a Course for the Future
According to Hammond, stepping into this role during a time of significant political change offers unique opportunities. He aims to address pressing issues left over from the previous administration, including securities law, custody, and tax regulations. His goal? To ensure that the Blockchain Association isn’t just a bystander but a leading voice at the regulatory table. As he puts it, the ambition lies in securing not just a seat but often leading the conversation!
Strength in Numbers
At the end of January, the Blockchain Association proudly announced the addition of five new members, increasing its membership to a robust total of 30 firms. Stronger together, right? In this case, it appears to be just what the industry needs as it navigates through the complex waters of regulation and policy.
