The new enterprise will educate and promote the interests of the crypto industry
A new operation, dubbed the Crypto Council for Innovation (CCI), has been initiated by Paradigm ecosystem and other member organizations that include Coinbase, Fidelity Digital Assets, and Square Inc. The new alliance will focus on helping policymakers and regulators, among others, to better understand the potential of cryptocurrency.
CCI will be also contributing to educating people around the globe and formulating public policy in the crypto industry and relevant technology. Additionally, CCI will develop resources that empower crypto industry participants, policymakers, intergovernmental bodies, and the public to deepen their understanding of crypto’s benefits for storing, creating, and transferring value across borders and giving people greater control of their digital lives.
“We know that crypto holds immense promise for spurring economic growth and creating jobs, improving financial inclusion and access, and enhancing privacy and security… That is why we will help policymakers, regulators, and individuals anywhere in the world to understand the benefits of crypto,” said Gus Coldebella, chief policy officer at Paradigm and one of the organizers of CCI.