• Development of a legislative framework for stablecoins, including H.R. 4766, the Clarity for Payment Stablecoins Act of 2023; Increasing the regulatory clarity pertaining to crypto assets and crypto facilities, including H.R. 4763, Financial Innovation and Technology for the 21st Century Act; Illicit finance and KYC/AML matters, including S. 2355, Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act and S. 2669, Digital Asset Anti-Money Laundering Act of 2023; Federal blockchain and distributed ledger technology research activities; Cryptocurrency and application of blockchain and distributed ledger technology to financial services; CFTC regulation of digital assets; Central Bank Digital Currencies (CBDCs); Crypto exchanges; Interoperability

Duration: July 2, 2020 to present

General Issues: Financial Institutions/Investments/Securities, Banking

Spending: about $2,020,000 (But it's complicated. Here's why.)

It can be tricky to figure out how much an organization spent on a particular lobbying engagement. The law only requires lobbyists to report the amount they were paid for federal lobbying each quarter rounded to the nearest $10,000—and if it's less than $3,000 in a given quarter (or less than $13,000 for organizations with in-house lobbyists), they don't have to disclose it at all. Plus, some organizations include spending that doesn’t belong in the report—for instance, money spent lobbying state governments or other legal work.

Agencies lobbied since 2020: House of Representatives, U.S. Senate, Treasury - Dept of, Commodity Futures Trading Commission (CFTC), Natl Economic Council (NEC), Office of the Comptroller of the Currency (OCC), U.S. Agency for International Development (USAID), Office of Science & Technology Policy (OSTP), Natl Security Council (NSC), Securities & Exchange Commission (SEC), Homeland Security - Dept of (DHS), Financial Crimes Enforcement Network (FinCEN)