Forging consensus: Casa joins Blockchain Association
Digital autonomy unites all of us. Today, our team is excited to announce Casa is now a member of the Blockchain Association.
The Blockchain Association (BA) is the leading nonprofit organization dedicated to promoting a pro-innovation policy environment for the digital asset economy. Based in Washington, D.C., the organization acts as the collective voice for its more than 100 members in the blockchain and cryptocurrency industry.
Casa is joining BA’s membership at a watershed moment in our history and for private keys. In the wake of persisting inflation, hacks, and custodian failures, investors are searching for a robust way to secure their wealth that doesn’t require them to leave their assets in the care of trusted third parties.
Self-custody has proven the most effective method for ensuring the long-term security of digital assets time and time again, and those benefits are amplified with the flexibility and redundancy of using multiple keys. Together, the Blockchain Association shares our vision and will work to further it into thoughtful legislation and rulemaking.
The Blockchain Association participates in dialogue across the public sector through policy and market research, speaking engagements, and fostering relationships with regulators and lawmakers on a bipartisan basis.
As adoption grows, it is up to us as industry leaders to collaborate proactively with governments and offer guidance whenever necessary. Along with our fellow BA members, Casa will work to engage with policymakers, regulators, and public officials to help them understand and appreciate the importance of this innovation for individual property rights and national security.
In 2023, there is ample opportunity for advocacy on Capitol Hill as policymakers give bitcoin, ethereum, and other assets the attention they’re due. Earlier this year, the House Financial Services Committee formed a new subcommittee on digital assets, financial technology, and inclusion, and we have every reason to believe crypto and related technology will be an area of legislative focus in the coming years.
On a regulatory level, the Biden administration issued an executive order that acknowledged the marquee growth of digital assets, argued for consumer and investor protection, and conveyed the U.S. has a “strong interest in promoting responsible innovation that expands equitable access to financial services.” Our team is excited by the prospect of conveying to leaders just how private keys introduce and preserve ownership for all.
Governments are a crucial layer in the networks surrounding digital assets, and our team accepts the opportunity to build coalitions across all public spheres including government affairs. We believe the United States of America has much to gain from embracing digital assets and the underlying technology, and together with the Blockchain Association, we look forward to seeing that promise through.
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