'Stand with Crypto' Alliance, Movement for Better Crypto Policy

Bittime - The 'Stand with Crypto' Alliance, the movement for better crypto policy. Bringing the mission of mobilizing the crypto community to engage directly with crypto-related policies.

Let's get to know more about the 'Stand with Crypto' alliance, and what the movement looks like here.

What is the 'Stand with Crypto' Alliance?

The 'Stand with Crypto' alliance is an advocacy institution initiated by Coinbase in August 2023.

The establishment of the 'Stand with Crypto' alliance carries a mission to mobilize the crypto community to participate directly in drafting crypto-related laws.

This alliance will also continue to monitor and safeguard the future of crypto in America by actively supporting the establishment of transparent and rational crypto regulations.

Today is the inauguration of the Stand with Crypto Alliance, an advocacy body that 

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'Stand with Crypto' Alliance as a Grassroots Movement

Considering there are more than 50 million individuals in America holding digital assets, crypto has surpassed Coinbase in existence. 

With the launch of the Stand with Crypto Alliance, the crypto community will be a major force in the lawmaking process. 

This alliance, in particular, will leverage blockchain technology as a foundation to unite communities and fight for policies that reform the financial system and encourage economic empowerment. 

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The Stand with Crypto Alliance is America's first independent and onchain advocacy organization, supported by and for crypto advocates.

Driven by a bipartisan moment at the creation of the law, the Stand with Crypto Alliance became the first crypto initiative based on direct participation from the community on the blockchain . 

Armed with a solid foundation, the Stand with Crypto Alliance mobilized the full might of the decentralized crypto community to tell lawmakers that the era of the 'old fashioned' is over. 

America's crypto constituents have significant power – and will demand accountability from them this fall as Congress decides on legislation safeguarding consumers' interests and their rights in crypto.

Guarding the Future of Crypto

One thing that is clear is that the future of crypto in America is under threat. 

Nearly a quarter of the American adult population owns crypto. However, over a long period, lawmakers have failed to produce clear regulations. 

This allows unelected and ill-informed regulators to gain unlimited power, implement policies that undermine the stability of the US economy, and put the country under pressure for leadership when it comes to risky innovation. 

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The impact is the loss of thousands of jobs domestically and the lack of protection for American consumers. 

With over a million new jobs at risk, and other countries, including China, adopting crypto policies first , it is time for the United States to adopt a progressive approach to crypto policy.

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Crypto Trends in America Throughout 2023

The data shows that, regardless of geography, background, or political affiliation, the future of crypto in America has great significance for its residents.

As many as 87% of Americans believe that the financial system needs total change or reform. 

Black and Hispanic adults are more optimistic than their white counterparts in viewing “crypto and blockchain as the future.” 

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Crypto holdings are spread evenly across the party spectrum in key states, such as Ohio, Georgia, Montana, New Hampshire, and Nevada. 

Voters who own crypto in these states share views that the financial system needs to change, such as a belief that the global economic system is unfair, or support for policies that support innovative new technologies that could change the world today.

There is also a belief among most crypto investors, especially younger ones, that cryptocurrencies and blockchain technology have the potential to improve economic opportunities for Americans better than the traditional financial system.

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The American People's Determination to Make the Crypto Future a Reality

Proponents and grassroots organizations across the United States are deeply concerned about the future of cryptocurrencies and the US's delay in taking progressive steps towards this revolutionary technology. 

Previous advocacy efforts supported by Coinbase have demonstrated that Americans are not only interested in leveraging crypto and blockchain technology, but also that this advocacy can be a gateway into the onchain ecosystem . 

Source: https://twitter.com/standwithcrypto 

Through the Stand with Crypto initiative, more than 160,000 initial shields have been printed, generating $215,000 in funding for crypto advocacy organizations, and an onchain pro-crypto petition has collected more than 188,000 signatures.

Now is the right time to act. America needs innovation and change, and a pathway to improving the existing financial system. 

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.