{"id":414378,"date":"2022-03-10T18:34:42","date_gmt":"2022-03-10T15:34:42","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-lobbyists-up-180-since-2018-with-andrew-yang-joining-the-charge\/"},"modified":"2022-03-10T18:34:42","modified_gmt":"2022-03-10T15:34:42","slug":"crypto-lobbyists-up-180-since-2018-with-andrew-yang-joining-the-charge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-lobbyists-up-180-since-2018-with-andrew-yang-joining-the-charge\/","title":{"rendered":"# Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3bf2689d404\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3bf2689d404\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-lobbyists-up-180-since-2018-with-andrew-yang-joining-the-charge\/#%E2%80%9D_Crypto_lobbyists_up_180_since_2018_with_Andrew_Yang_joining_the_charge_%E2%80%9C\" >&#8221; Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_lobbyists_up_180_since_2018_with_Andrew_Yang_joining_the_charge_%E2%80%9C\"><\/span>&#8221; Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTM0ZTIzOTktNmYwYi00M2ZiLTgwNWItNmU5Yzg2Nzg5NTA5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Lobbying by the cryptocurrency industry and crypto proponents is booming in the U.S. Congress. According to a report released Tuesday by Public Citizen, the number of lobbyists for cryptocurrency-related issues <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.citizen.org\/article\/capitol-coin-cryptocurrency-lobbying-revolving-door-report\/\">rose<\/a> from 115 in 2018 to 320 in 2021, with the number of representatives of the cryptocurrency industry, itself, jumping from 47 to 157 in that time.<\/p>\n<p>In February, that chorus was joined by the somewhat unorthodox Lobby3, \u201ca project to fund effective policy advocacy and educate lawmakers about the positive potential of Web3\u201d that is the brainchild of former U.S. presidential and New York City mayoral candidate Andrew Yang. The lobby is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.lobby3.io\/#faq\">structured<\/a> as a DAO, with membership tokens available at three levels priced at 0.07 Ether (ETH), 1 ETH and 40 ETH. <\/p>\n<p>As the Thursday cutoff for token minting <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roached, Yang <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/exclusive-interview-andrew-yang-lobby3-regulation\/\">spoke<\/a> with The Defiant about the lobby and potential of Web3 as a vehicle for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> good. <\/p>\n<p>\u201cThere is a maturation and an evolution,\u201d Yang said. \u201cI think that most people in Web3 probably enjoyed not having the attention of regulators, but we have to know that ship has sailed. People are getting letters from the SEC up the wazoo nowadays.\u201d <\/p>\n<p>The task now is to \u201cavoid ill-conceived or overly freighted rules from coming out in the not-so-distant future,\u201d Yang said. In particular, he spoke of the need for regulation to balance risk management and value creation and said that ideally cryptocurrency would not be regulated by the SEC, but by a new agency that has yet to be set up.<\/p>\n<p>One of the more concrete steps Yang mentioned was cohosting \u201cBlockchain 101\u201d with the Crypto Caucus \u201cthat we hope will get dozens\u201d of members of Congress.<\/p>\n<p>Yang had made universal basic income, or UBI, a plank in his presidential campaign, and he said that \u201cin my experience, 85% of people in the [cryptocurrency] community are for some version of UBI\u201d because they have \u201cescaped this mindset of scarcity and reached a sense of growth and abundance, and they want that for more people.\u201d He pointed to GoodDollar and similar projects as examples of current efforts to achieve UBI with cryptocurrency.<\/p>\n<p>Lobby3 will also seek to create pilot programs to demonstrate the potential of Web3, which Yang defined as \u201call the technologies that rely upon the blockchain, most notably NFTs and cryptocurrencies.\u201d The lobby hoped to \u201cbuild onramps\u201d to financial inclusion \u201cfor particular communities and then highlight how beneficial it\u2019s been.\u201d Yang did not provide specific examples of this process.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-lobbyists-up-180-since-2018-with-andrew-yang-joining-the-charge\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge &#8220; Lobbying by the cryptocurrency industry and crypto proponents is booming in the U.S. Congress. According to a report released Tuesday by Public Citizen, the number of lobbyists for cryptocurrency-related issues rose from 115 in 2018 to 320 in 2021, with the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":414379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTM0ZTIzOTktNmYwYi00M2ZiLTgwNWItNmU5Yzg2Nzg5NTA5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75186,75269,79087,52214,3885,32681,70934,8575],"class_list":["post-414378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-dao","tag-us-government","tag-andrew-yang","tag-congress","tag-new-york","tag-politics","tag-regulation","tag-usa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=414378"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/414379"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=414378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=414378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=414378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}