The new digital economy is providing greater financial opportunity to all generations. Yet growth is being stifled by a lack of consistent regulation or clear vision.
At the same time, the world is becoming a more dangerous place. Last year, the FBI reported a record $9.3bn in crypto-related criminal activity, an increase of 66%.
High-profile scandals, shocking kidnappings and cyber attacks have underscored how vulnerable consumers are.
Crypto-related crime is booming, and we must respond.
We're calling upon Congress, academics and industry to come together in pursuit of shared goals of safety, accountability and innovation.
Digital assets can no longer afford to be the Wild West of the financial world.
As technology evolves, the law struggles to keep up. We are leading the charge for a safer, stronger digital economy that puts consumers first. We are bringing together a diverse group of stakeholders to foster new ways of promoting safety, from anti-money laundering protections and counter-ransom measures to ensuring that consumers are safeguarded from financial fraud.
Accountability is core to everything we value — a mature, responsible and well-regulated industry.
Our mission is to make digital assets more widely available to the American people in a safe, sustainable and responsible way. When consumers can buy and trade in confidence, everyone wins. We are calling for clear, consistent and reasonable standards to give consumers greater confidence, leading to greater market access, resilience and clarity.
America is the land of opportunity and innovation, but America's leading position in digital assets is not guaranteed.
Our focus is on realistic, pragmatic and results-oriented solutions which ensure America continues to be the ultimate market for digital assets. We will bridge the gap and bring valuable voices together in search of common sense policy that keep America in first place while achieving global standards of safety and clarity.
We are at the forefront of change in the digital economy. We are working with leading voices to spearhead necessary change.
We welcome all those who want to join us in this mission.