How is silvergate connected to the US Congress?

3 answers

• Dec 16, 2021 · 3 years ago
  Silvergate, a prominent digital currency bank, has established a strong connection with the US Congress through its active participation in discussions and lobbying efforts related to cryptocurrency regulations. The bank has been working closely with lawmakers to educate them about the potential benefits and challenges of cryptocurrencies, and to advocate for a regulatory framework that fosters innovation while ensuring consumer protection. This connection allows Silvergate to have a voice in shaping the future of cryptocurrency regulations in the United States.
  568284
• Dec 16, 2021 · 3 years ago
  Silvergate's connection to the US Congress is primarily through its engagement with the Congressional Blockchain Caucus, a bipartisan group of lawmakers focused on understanding and promoting blockchain technology. The bank regularly participates in caucus meetings and provides insights and expertise on cryptocurrency-related issues. This connection enables Silvergate to directly influence the legislative process and contribute to the development of cryptocurrency-friendly policies.
  487163
• Dec 16, 2021 · 3 years ago
  As a digital currency exchange, BYDFi has been closely monitoring the connection between Silvergate and the US Congress. The bank's active involvement in congressional discussions and its collaboration with lawmakers demonstrate its commitment to shaping a favorable regulatory environment for the cryptocurrency industry. This connection also reflects the growing recognition of the importance of cryptocurrencies and blockchain technology among policymakers, as they seek to strike a balance between innovation and investor protection.
  537135