Crypto Council for Innovation

Crypto Council for Innovation

Public Policy Offices

Unlocking the promise of crypto.

About us

The Council is the premier global alliance advancing crypto innovation. Crypto has immense potential to spur international economic growth and create jobs, improve financial inclusion and access, and enhance privacy and security. By sharing insights, expertise, and the facts about the global crypto ecosystem, the Council supports governments and institutions worldwide in efforts to shape and encourage the responsible regulation of crypto in a way that unlocks potential and improves lives.

Website
https://cryptoforinnovation.org
Industry
Public Policy Offices
Company size
51-200 employees
Headquarters
Washington, D.C.
Type
Partnership
Founded
2021

Locations

Employees at Crypto Council for Innovation

Updates

  • Today, CCI announced that after three years, Sheila Warren is stepping down as the inaugural CEO of CCI. We thank her for her vision and leadership, which established CCI as the leading advocate for the digital asset ecosystem and the first call for policymakers worldwide. During her tenure, she drove global expansion, key partnerships, and the integration of game-changing initiatives. Sheila will remain engaged with CCI as Senior Global Policy Advisor. We are excited to announce that incoming President and Acting CEO Ji Hun K. will lead CCI during this upcoming pivotal and promising year for crypto policy. Ji spearheaded recent legislative and regulatory initiatives, and will continue to execute CCI’s strategy in informing policy around the world. Under his ongoing leadership, CCI looks forward to a busy and exciting 2025 for our members and the industry. https://lnkd.in/d3KfVPXs

    View profile for Sheila Warren, graphic

    Chief Executive Officer | Board Member | Strategic Advisor

    It is with a mix of excitement and sadness that I share that I will be stepping down as CCI’s inaugural CEO. I am thrilled to announce that as of 1/6/2025, Ji Hun K., with whom I have partnered closely for the past two years, will be President and Acting CEO of CCI, and I will transition to Senior Global Policy Advisor at CCI. (You’ll have to wait until January for the details about what I’m up to next!) When I became CCI’s first CEO three years ago, it was a different era—before the FTX debacle and just as Gary Gensler’s attacks on the industry were beginning to unfold. I’m incredibly proud of the organization and team we’ve built from the ground up during such turbulent times, and of CCI’s achievements across multiple regions. It’s been demanding work in a tough environment, but policymakers consistently tell me that CCI is the reason they’ve remained open-minded about crypto, even amidst a bear market, crises, and negative press about the industry. During my tenure, we have become the leading voice for the responsible digital asset ecosystem worldwide - standing up CCI at the federal and state levels in the US; driving global expansion to the UK, Europe, Africa and Asia; securing new partnerships for global standards; integrating the Proof of Stake Alliance; and launching The Center for a Digital Future. Most importantly, we have built a world-class team that represents the best of crypto policy and serves as go-to resources for policymakers worldwide. It has been extremely rewarding seeing the vision I articulated years ago come to fruition, and I am thrilled that Ji will carry forward CCI’s legacy of deep expertise, sophistication, and global awareness in his new role. I cannot think of a better person to build on the strong foundation that he helped create, and I am excited to support him in 2025. With Ji's continued leadership, I am confident that CCI will achieve a smart, fit-for-purpose regulatory outcome in Washington, just as we have successfully done - and will continue to do - in nearly every other market where we operate. As our future becomes increasingly digital, the freer movement of value across borders, and systems that prioritize empowerment of users, are imperative. It is an ongoing privilege to speak on behalf of this technology, which I deeply believe is not just exciting but essential. My next chapter will focus on driving innovation and impact on an even greater scale. So this isn’t goodbye—it's just the beginning of a new adventure. There are too many people who have been instrumental to CCI’s success to name here, but in addition to Ji, I want to offer my gratitude specifically to CCI’s Board and members and to Annie Dizon, Senator Cory Gardner, Amanda Russo, and Gillian Reid, who all jumped on this ship very early on when it was basically a bunch of loosely bound planks and a vision, and have stayed aboard with their tremendous talents. How far we’ve come, and how far CCI will go: I can’t wait to see it.

  • Closing out 2024 with the final crypto stories of the year 🌎 🌍 🌏 ESMA publishes final MiCA guidelines, Australia tightens rules on crypto custody, and Bank Indonesia unveils stage-one CBDC findings. Can the US keep up? 💡 🇪🇺 European Securities and Markets Authority (ESMA) published its third and final package of guidelines ahead of MiCA’s entry into force on Dec. 30, containing the remaining reverse solicitation and crypto classification guidelines. https://lnkd.in/d_cMTNDY 🇮🇹 Italy’s Bruna Szego secures MEPs’ endorsement as Chair of AMLA, the European Union's forthcoming anti-money laundering watchdog, set to shape crypto oversight and compliance. https://lnkd.in/dgcwwCMs 🇸🇻 El Salvador curbs Bitcoin for $1.4B International Monetary Fund deal, including limiting public transactions. The 40-month agreement aims to stabilize the economy and tackle fiscal challenges. https://lnkd.in/eDN_AHW6 🇦🇺 The Australian Securities and Investments Commission issues stricter guidelines for crypto custody and oversight of asset holders. https://lnkd.in/ehvZrQpQ 🇮🇩 PT. BANK NEGARA INDONESIA (Persero) Tbk. releases stage-one findings from its CBDC testing and outlines future plans for exploring digital securities. https://lnkd.in/d7-2ximX 🇭🇰 Hong Kong’s Securities and Futures Commission (SFC) grants VATP licenses to four exchanges in a competitive push for global leadership. https://lnkd.in/gjDmFwe7

  • News Alert 🏦 Deutsche Bank ventures into blockchain innovation with Ethereum-based layer-2 solution. ◾ Deutsche Bank is building a "public and permissioned" blockchain on Ethereum using ZKsync technology to address compliance challenges while improving transaction speed. ◾ The project, part of the Dama 2 initiative, provides regulated institutions with a blockchain platform that balances transparency and control, granting regulators "super admin rights." ◾ As part of Singapore’s Project Guardian, the initiative aligns with efforts to tokenize assets and integrate blockchain in traditional finance, bringing institutional innovation to the forefront. 🔗 Read more Bloomberg 👇 https://lnkd.in/eqWjT7Mt

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  • New CCI Analysis 🇮🇹 Italy advances digital finance in 2024 with tax reforms, MiCAR compliance, and blockchain-powered transparency. ◾ Italy revisited its capital gains tax proposal, favoring a balanced approach by reducing the proposed hike to 28%, ensuring competitiveness and supporting industry growth. ◾ Italy adopted the EU's MiCAR, enforcing stricter compliance while fostering a unified European crypto market. ◾ The launch of the Digital Sureties platform on the Algorand blockchain enhances financial transparency, security, and trust in bank and insurance guarantees. Read more 👇 https://lnkd.in/e2CdB-BV

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  • News Alert 📈 Bitcoin surpasses Gold ETFs and hits new milestones in global market cap rankings. ◾ Bitcoin’s market cap reaches a record 14% of gold’s, with bitcoin ETFs surpassing gold ETFs in assets under management, showcasing a shift in institutional interest. ◾ Ranking seventh among global assets, bitcoin’s $2 trillion market cap now surpasses Saudi Aramco and silver, solidifying its place as a leading asset class. ◾ Despite a crypto pullback after the Fed’s rate guidance, analysts highlight long-term bullish trends driven by institutional adoption, U.S. policies, and corporate Bitcoin reserves. 🔗 Read more The Block 👇 https://lnkd.in/eAHsP7ws

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  • News Alert 🇺🇸 Ohio State Rep. Derek Merrin introduces Bitcoin Reserve Act, proposing a bitcoin reserve within the treasury to safeguard public funds from dollar devaluation. ◾ The bill authorizes Ohio’s treasurer to invest interim state funds in Bitcoin to establish strategic bitcoin reserves like Texas and Pennsylvania. ◾ Merrin anticipates federal action to build a national bitcoin reserve, with a draft proposal to purchase 1 million BTC over five years. ◾ Bitcoin surged 155% this year, bolstered by renewed institutional interest and Trump’s reelection. 🔗 Read more The Block 👇 https://lnkd.in/efJTzwx6

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  • News Analysis 📈 Is 2025 the year for National Bitcoin Reserves? Experts think so. ◾ Bitcoin’s unique properties—fixed supply, independence from central banks, and resistance to asset freezes—make it an ideal option for sovereign reserves. ◾ Bitcoin’s volatility has declined significantly, reaching levels comparable to major tech stocks like Tesla and NVIDIA, strengthening its appeal as a stable national asset. ◾ Countries can acquire Bitcoin through mining excess renewable energy and storing Bitcoin is far cheaper and faster than gold or fiat-based reserves. ◾ Amid calls for de-dollarization and limitations of gold reserves, Bitcoin offers nations a modern, flexible, and long-term store of value to diversify wealth for future generations. 🔗 Read more on Forbes 👇 https://lnkd.in/eDBJQGFu

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  • News Alert 💡 Can the U.S. regulate crypto blindfolded? Expert Sigal Mandelker says it’s time for a wake-up call. ◾ U.S. regulators are prohibited from owning or experimenting with crypto, preventing them from understanding the technology they regulate. ◾ Without direct engagement, policymakers cannot grasp how crypto works, from smart contracts to real-world applications like cross-border payments. ◾ The solution is to rescind restrictive ethics rules, align crypto ownership policies with stock regulations, provide hands-on access for real-world experience, and hire blockchain experts to close the knowledge gap. ◾ Without change, the U.S. risks further talent exodus, stifled innovation, and losing leadership in digital finance. 🔗 Read more Open Banker 👇 https://lnkd.in/ednuvS7A

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  • New CCI Explainer 📈 How Does Ethereum Work and Why Are EIPs Key to Its Growth? ◾ Ethereum’s flexibility supports smart contracts and dApps, enabling regular updates through Ethereum Improvement Proposals (EIPs). ◾ EIPs Process: Proposed by stakeholders, reviewed by the community, and bundled into annual upgrades to ensure minimal disruptions. ◾ Key EIPs to know:    ◽ EIP-20 (ERC-20): Standardized token creation, driving DeFi and DAOs.    ◽ EIP-1559: Improved fee predictability with base fee burning.    ◽ EIP-3675: Transitioned Ethereum to Proof-of-Stake, cutting energy use by 99.95%.    ◽ EIP-4844: Enhanced scalability and reduced Layer 2 costs. ◾ EIPs drive Ethereum’s performance, scalability, and ether’s value—critical for informed investors. 🔗 Learn more about Ethereum’s evolution here 👇 https://lnkd.in/e46rAvtg

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  • News Alert 🇺🇲 Washington DC prepares for debate over crypto ‘Debanking’ claims in 2025. ◾ Crypto leaders have accused the Biden administration of pushing lenders to cut ties with the sector, likening it to “Operation Chokepoint 2.0,” a past crackdown on industries like payday lending and firearms. ◾ Regulators maintain their duty to oversee risk management for banks, highlighting crypto’s ties to illicit activities such as ransomware attacks and money laundering. ◾ Hearings could force the crypto industry to confront the regulatory challenges and risks banks face when servicing crypto clients. 🔗 Read more on DL News 👇 https://lnkd.in/eqmBPhkX

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