The following statement is attributed to Blockchain Association CEO @SKMersinger following the signing of the GENIUS Act:

End / Welcome aboard, @monarq_mgmt!.

3/ @monarq_mgmt’s expertise in applying quantitative rigor to the market is a vital perspective for policymakers. Their commitment will be an invaluable asset in our mission of building a better regulatory future for digital assets.

2/ Founded by a team with extensive experience across both traditional and crypto markets, @monarq_mgmt is a quantitative digital assets investment firm, bringing a data-driven and quantitative approach to the digital assets market.

1/ We are thrilled to welcome our newest member @monarq_mgmt to Blockchain Association!

The GENIUS Act “is settled law," said @SKMersinger. "There was robust debate on the Hill, and the way this bill came out was a compromise from policymakers.” . Reporting by @Jasper_Goodman, @mstratford, and @declanharty for @politico.

RT @SKMersinger: I’m excited to speak at #CDPolicyRegulation hosted by @CoinDesk. Join me in D.C. on Sept. 10 for this important event tha….

RT @SKMersinger: "Writing code without ill-intent is not a crime. Innovating new ways for the economy to store and transmit value and creat….

The letter:

Today, the leading groups representing the broader digital assets industry jointly issued the following letter of support for the nomination of Mr. Brian Quintenz as Chairman of the CFTC. @crypto_council @TheDRC_ @Fund_defi @DigitalChamber @SatoshiActFund @SolanaInstitute

"Once we get market structure done, it’s going to be a lot of implementation. It will be a lot for regulators to get it right, and don’t go too far outside for what’s been directed by Congress. We want to make sure that the implementation goes smoothly." .-@SKMersinger.

"Over 90% of these tokens are commodities, not securities. this really does naturally fit with the CTFC. They’ve been working on digital assets since 2018. they are a principles-based regulator. They really are the right regulator for this space.”.-@SKMersinger.

@federalreserve @SKMersinger Up next: a power policy panel with @SKMersinger and BA members: @milesjennings (@a16zcrypto), @s_alderoty (@Ripple), & Sylvia Favretto (@Mysten_Labs). @CNBC's @TaliaKaplan will moderate.

@federalreserve @SKMersinger "The technology opens up 24/7 trading, lower trading costs, and access to the global trading, which we don’t have currently. These are huge benefits and efficiencies.".-Gov. Waller of the @federalreserve.

@federalreserve "These are just technologies - why are they so bad?". "We’re looking at how can we take our systems, how can we tokenize things, how can we use smart contracts?". -Gov. Waller during Q&A with @SKMersinger

"There is nothing to be afraid of when thinking about using smart contracts, tokenization, or distributed ledgers in everyday transactions.".-Gov. Waller of the @federalreserve.

Text of Gov Waller's speech is available here:.

Tune in at 11 AM ET (9 AM MT) for a keynote speech by Gov. Waller of the @federalreserve at @SALTConference. BA's @SKMersinger will sit down for Q&A with Gov Waller followed later by a panel on U.S. crypto policy. Follow along for updates. 👇.

Today, with @crypto_council, we reaffirm support for the bipartisan GENIUS Act and oppose efforts to reopen settled debates. The law provides stability, fosters innovation, and protects consumers. Americans deserve a modern financial system that expands choice. Our letter:

End/ If you are headed to Jackson Hole for the Wyoming Blockchain Symposium, reach out to @DanSpuller to connect!.

3/ Then she will join BA members @milesjennings, @s_alderoty and Sylvia Favretto for a discussion on the outlook for U.S. crypto policy.