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Four “crypto” heavyweights launch their lobby

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Objective: to guide the evolution of cryptocurrencies. Cryptocurrency exchange Coinbase, asset management giant Fidelity, investment firm Paradigm and electronic payments specialist Square are lobbying for digital currencies and related technologies, such as blockchain. According to these four American companies, important directions must be taken as cryptocurrencies are on the way to mainstream.

Cryptocurrencies will define the next decades, but they are still young and fragile. It is on this credo that the “Crypto Consulting for Innovation», Officially launched Wednesday. While record bitcoin prices this year have drawn the attention of the general public to this new type of asset, “the world of ‘cryptos’ is at a turning point,” the Wall Street newspaper Fred Ehrsam, who co-founded Paradigm, a crypto investment company.

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