Crypto
Council for
Innovation

Unlocking the
promise of crypto

About

The Crypto Council for Innovation (CCI) is a global alliance of crypto industry leaders with a mission to demonstrate the transformational promise of crypto and communicate its benefits to policymakers, regulators, and people around the globe.

Crypto has immense potential to spur international economic growth and create jobs, improve financial inclusion and access, and enhance privacy and security. By sharing insights and expertise about the global crypto ecosystem while addressing misperceptions and misinformation, CCI supports governments and institutions worldwide in efforts to shape and encourage the responsible regulation of crypto in a way that unlocks potential and improves lives.

Purpose

Around the world, people, institutions and nations are realizing the benefits of cryptocurrencies: to store value, to transact at high speeds and low cost, to create open applications that don’t require trust in a centralized authority like a company or financial institution, and to take control of one’s online destiny. Our view is that the recipe for good policy requires convening regulators and industry to devise solutions together.

But there are many wrong impressions— and only the beginnings of awareness of crypto’s benefits. CCI exists to demonstrate this transformational technology’s promise internationally to policymakers and regulators, and to communicate its benefits to people around the world.

To do that, we focus on separating fact from perception in the crypto space, through government relations, education more broadly, and the publication of projects addressing key issues.

Projects

An Analysis of Bitcoin's Use in Illicit Finance

A study authored by Michael Morell, former Acting Director, Deputy Director and Director of Intelligence at the Central Intelligence Agency (CIA) examines the general assertion that the Bitcoin market is rife with illicit activity. Morell concludes that Bitcoin's use in illicit finance activity is limited and orders of magnitude lower than what has been cited by government officials.

Morell's analysis also reveals that the blockchain ledger is a highly effective crime-fighting and intelligence-gathering tool.

Read the paper →

The ₿ Word: How Institutions Can Embrace Bitcoin

An initiative hosted by The Crypto Council for Innovation, Cathie Wood, and Jack Dorsey that will help demystify and destigmatize narratives about Bitcoin, explain how institutions can embrace it, and raise awareness around areas of the network that need support.

Visit www.thebword.org for more information →

Read the press release →

Supporters

CCI comprises some of the leading names in crypto, including Paradigm, Coinbase, Fidelity Digital Assets, Square, Andreessen Horowitz, and Ribbit Capital. We look forward to focusing on the issues critical to crypto's success.

Press

"The Bitcoin equivalent of the “bat signal” has been deployed. Tesla CEO Elon Musk, Twitter’s Jack Dorsey and ARK Invest’s Cathie Wood are ready to answer the call. The trio are set to take part in a live discussion at The B Word conference today. The event aims to “demystify and destigmatize mainstream narratives about Bitcoin.” " Barrons

"Billionaire Jack Dorsey, CEO of Twitter and Square, has been a consistent advocate for bitcoin, the largest cryptocurrency by market value. During “The B-Word” conference, an event hosted by the Crypto Council for Innovation, on Wednesday, Dorsey explained a few of the reasons behind his love for bitcoin. " CNBC

"Tesla will ‘most likely’ resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables, CEO Elon Musk said Wednesday at a virtual panel discussion hosted by the Crypto Council for Innovation, remarks that are in line with statements he made last month on Twitter." TechCrunch

CCI explains how Coinbase's IPO is only one example of how cryptocurrency is now becoming a part of the public consciousness. Bloomberg TV

"Fidelity Investments, Square Inc., and several other financial firms are forming a new trade group that aims to shape the way bitcoin and other cryptocurrencies are regulated." The Wall Street Journal

"Square, Fidelity, Coinbase, and other financial institutions announced on Tuesday the formation of a group meant to boost the potential of cryptocurrencies by educating policymakers, regulators, institutions, and individual investors on the benefits of digital assets, which have seen exponential growth in recent years." Business Insider

"A group of major companies, including Fidelity, Coinbase, and Square, have formed a crypto council to lobby policy makers." The Block

Contact

To stay connected or get involved, please fill out this contact form.

Questions? Please email us at: [email protected]