Coin Center is a new non-profit research and advocacy center focused on the public policy issues facing cryptocurrency technologies.Former head of the technology policy program at George Mason’s Mercatus Center Jerry Brito has announced he will be heading a new organization called the “Coin Center”.Jerry Brito was until recently the head of the technology policy program at George Mason’s Mercatus Center.Coin Center is expected to work as an industry-backed advocacy group for Bitcoin.
Jerry Brito said that the mission of the organization is to build a better understanding of these technologies and to promote a regulatory climate that preserves maximum freedom of action for digital currency innovation.The organization aims to build a better understanding of cryptocurrencies and promote a regulatory climate that preserves maximum freedom of action.This will be possible by producing and publishing policy research from respected academics and experts, as well as educating policymakers and the media about block chain technology.“Digital currencies like Bitcoin will be an important part of our economy, and policymakers are now beginning to consider how to regulate their use,” said Brito in a statement.
The Coin Center Will Have a Budget of More than One Million Dollars according to Jerry Brito. Writing in the shop’s founding letter Brito said that he will do this by producing and publishing policy research from respected academics and experts, educating policymakers and the media about block chain technology, and by engaging in advocacy for sound public policy.Coin Center board members include Marc Andreessen, Balaji Srinivasan, Jeff Garzik, Alex Morcos, and Prof. Susan Athey.The organization kicks off with an annual budget of $1 million sponsored by Andreessen Horowitz, Hudson River Trading, Union Square Ventures, RRE Ventures, Emil Woods of Liberty City Ventures, Charles Cascarilla of itBit, Barry Silbert, BitPay Inc., Coinbase Inc., BitGo Inc., and Xapo Inc.Nonetheless, as this according to him is going to be dedicated to defending the rights in the digital world and a little bit P2P Ride-Share coalition.Jerry Brito is of view that the group that popped up in February to help companies like Lyft in the regulatory fights they’re waging in cities across the country, will be able to do the job well.The industry-backed group is going to work towards making the digital currency popular without breaking any laws or regulations of the land.This has become even more important than ever as the NYDFS has come up with the guidelines to regulate the digital currency.The Coin Center can help Bitcoin clear the challenges with ease.
