Crypto Advocacy Group has named Cody Carbone as the new CEO
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The group on the forefront of the digital assets and cryptocurrency industry announced leadership changes on Wednesday to bolster efforts to advance policies that enable the industry to flourish.
On Wednesday, the Digital Chamber announced that President Cody Carbon will become the new CEO, and founder and current CEO Perianne Boring will chair the group’s board of directors.
“The landscape has evolved dramatically over the last few months. In November, we called for defeat against the anti-cryptic forces,” Boling told Fox Business in an interview. “This has really shifted our advocacy strategy from this defensive attitude to being in an offensive position where Washington is ready to act, from fighting for the whole existence of our members and the blockchain technology industry here in the US.”
“We’re turning our advocacy strategy from defense to attack, so this requires leaders who are dedicated to implementing these policy victories, and Cody is the right person to lead that accusation,” Boring said. “Cody has been with our company for about three years, and is now president, now our next CEO, and previously served as Chief Policy Officer.
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Cody Carbone, CEO of Digital Chamber, told Fox Business that the group will soon focus on Stablecoin and market structure legislation. (Courtesy of Digital Chamber/Fox News)
Next CEO, Cody Carbone, told Fox Business, “There are high expectations for digital asset policy work. We have a friendly regulatory environment for the first time in 11 years, and Perianne has built it and created this advocacy strategy.”
“Things may seem great in Washington, but Crypto is in the best place ever in terms of policy situations. But we haven’t done much yet,” he explained. “We’ve won some important victories at the executive level, but with the laws that have been in our presence for a long time, we look forward to being able to start winning those victories in terms of getting a long-term, long-standing policy that will allow the industry to flourish from now on.”
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Digital Chamber founder and chairman of Perianne Boring told Fox Business that the group is currently in an attack that is trying to boost the digital asset industry. (Courtesy of Digital Chamber/Fox News)
Carbone said the policy goals pursued by digital chambers through the law are aimed at ensuring that the crypto and digital asset industry has a durable regulatory framework that can withstand future changes in the management of the country’s capital.
“I’m really ready to roll up my sleeves and pass some of this legislation and make sure I’m here to stay in four or eight years, and we’ve created a legislative framework.
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Bowling said her move, which serves as chairman of the board, will allow her to focus more on her long-term strategic planning. (Courtesy of Digital Chamber/Fox News)
Carbone pointed to legislation that creates a regulatory framework for stylistic and market structures as an initial prioritization of digital asset policy.
“The market structure may be a bit of a long battle, but as they draw those clear lines of jurisdiction between the SEC and the CFTC, issuers can clearly plan who the regulators are. That’s the first thing we do on our plates.
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Bowling added that the changing role will “focus on its high-level strategies, including industry partnerships, and allow Cody to lead the daily policy work that is happening at this moment and ensure long-term success of the organization while it is implementing it.
