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What Is the Newly Formed 'Crypto Council for Innovation'?


April 7, 2021
Soon-to-be public crypto exchange operator Coinbase, fund giant Fidelity, and fintech stalwart Square are among the companies behind the new Crypto Council for Innovation – an organization aimed at giving companies with cryptocurrency exposure a say in how the asset class is regulated.
The Crypto Council for Innovation (CCI) was created by San Francisco-based investment firm Paradigm, which focuses on digital assets.
“This work will require sharing insights and analysis about crypto while correcting the misperceptions that inevitably accompany a transformative new technology,” Gus Coldebella, chief policy officer at Paradigm and one of the organizers of CCI, said in a statement. “We know that crypto holds immense promise for spurring economic growth and creating jobs, improving financial inclusion and access, and enhancing privacy and security – and that promise transcends borders.” ....

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Square, Fidelity, and Coinbase launch a crypto alliance to educate policymakers worldwide


A group of cryptocurrency heavyweights including Square and Coinbase launch an alliance to educate policymakers worldwide
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The alliance aims to educate policymakers and institutions on the benefits of cryptocurrencies.
It also aims to debunk many wrong impressions the public may have towards cryptocurrencies.
Square, Fidelity, Coinbase, and Paradigm announced on Tuesday the formation of a group meant to boost the potential of cryptocurrencies by educating policymakers, regulators, institutions, and individual investors on the benefits of digital assets, which have seen exponential growth in recent years.
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The Crypto Council for Innovation is made up of the leading names in the cryptocurrency space, as first reported by The Wall Street Journal. The CCI was convened by San Francisco-based investment firm Paradigm, which focuses on cryptocurrencies. ....

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