9 months ago
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that erstwhile information officials collaborating with it question to weaken the country’s “ability to drawback and prosecute America’s enemies.” According to the nonprofit organization, ex-U.S. information officials chose to articulation the Blockchain Association due to the fact that they “value state and creativity, sovereignty of the individual, and permissionless innovation.”
Blockchain Association Does Not Employ Former U.S. Security Officials
The Blockchain Association has responded to U.S. Senator Elizabeth Warren’s allegations that erstwhile U.S. information officials collaborating with the lobby radical question to weaken the country’s “ability to drawback and prosecute America’s enemies.” In its effect to Warren’s Dec. 18 letter, the nonprofit rank enactment clarified that it does not “currently employment anyone with the credentials listed” by the Massachusetts Senator.
2/ First, here’s our afloat effect to Sen. Warren. I promote you to work it. I deliberation it’s a bully summary of what our members are moving on, what they attraction about, and wherefore they’re truthful engaged successful D.C.https://t.co/yFasbRO0ic pic.twitter.com/L4AxhqtEnd
— Kristin Smith (@KMSmithDC) January 9, 2024
Instead, the nonprofit enactment counts galore erstwhile U.S. military, nationalist security, quality officers, and instrumentality enforcement professionals arsenic its members. As reported by Bitcoin.com News successful precocious December 2023, Warren’s missive expressed interest implicit the Blockchain Association’s employment of a “small army” of erstwhile information officials.
She besides lamented what she sees arsenic gaps successful the country’s morals laws which marque it imaginable for erstwhile officials to easy unafraid employment successful the backstage assemblage instantly aft leaving government. The U.S. person has since asked the Blockchain Association to stock details of the erstwhile officials’ enactment connected its behalf.
However, successful a missive authored by the Blockchain Association’s CEO Kristin Smith, the nonprofit enactment explains wherefore erstwhile officials person chosen to enactment successful the crypto abstraction alternatively of much lucrative ventures.
“After leaving government, these nationalist servants could person chosen from myriad, well-deserved nonrecreational opportunities. But they were drawn to enactment successful the emerging integer plus manufacture due to the fact that they worth state and creativity, sovereignty of the individual, and permissionless innovation,” the nonprofit enactment said.
Crypto Best Positioned to Challenge ‘Too Big to Fail’ Bank
The Blockchain Association besides defended its ongoing efforts to forestall Senator Elizabeth Warren’s attempts to walk anti-crypto laws, stating that “crypto values are American values” hence they indispensable beryllium protected. The enactment besides believes that crypto has a realistic accidental of disrupting oregon competing with the “Too Big to Fail” banks.
On the terrorism-fighting front, the nonprofit enactment said that the transparency and traceability of blockchain exertion tin assistance heighten the capabilities of tools utilized by serving nationalist information professionals. The Blockchain Association’s missive added:
“For this reason, it is acold amended to physique the adjacent procreation of fiscal exertion connected nationalist blockchains than it is to proceed patching opaque bequest systems that person already proven wholly insufficient astatine combating wealth laundering and violent financing.”
What are your thoughts connected the Blockchain Association’s letter? Let america cognize what you deliberation successful the comments conception below.
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