Blockchain Association Posts Policy Counsel Job Amid US Regulation Storm

Too-Much-Power-Behind-Crypto-to-Ban-It-US-lawmaker
  1. Blockchain Association is increasing its legal policy staff amid tightening regulation in the US.
  2. Prominent crypto lawyer Jeremy Hogan has expressed his interest in the position.
  3. Europe recently passed its landmark MiCA bill into law to protect crypto customers.

Blockchain Association, an organization of blockchain supporters and firms that promote agendas related to blockchain technology, announced that it is in need of a Policy Counsel. Eligible candidates are aspiring and practicing lawyers familiar with blockchain technology and cryptocurrency.

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The position will require the successful applicant to develop and advocate for critical policy positions regarding the crypto industry, especially within the US. This broad aspect includes crypto mining and staking, decentralized finance (DeFi), non-fungible tokens (NFTs), Web3 gaming, and more.

Well-known crypto lawyer and Hogan & Hogan Partner Jeremy Hogan expressed interest in the position, albeit in a joking manner. Others have also encouraged frontrunners like CryptoLaw Founder John Deaton to apply.

The position was opened after almost a year of escalating tensions between US lawmakers and regulators and crypto firms. 

US Securities and Exchange Commission (SEC) chief Gary Gensler has been on the offensive against crypto firms, which crypto fans and US legislators are considering to be excessive.

In particular, Gensler is pushing to obtain additional resources — both manpower and political power — to police crypto in the US. His predecessor Jay Clayton appears to be supporting his ambition, as the latter criticized the European Union (EU) for its landmark MiCA law.

To bring the uninitiated up to speed, the EU passed the MiCA, which stands for Markets in Crypto Act, into law. Under MiCA, crypto firms will become regulated and shoulder the bulk of responsibility should their respective customers lose assets by investing in crypto.

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