Crypto investment giant Digital Currency Group (DCG) has filed for one of its executives to lobby on the company’s behalf.
An August 15th filing shows DCG’s vice president of public policy Julie Stitzel registering to be DCG’s representative to “support Bitcoin & blockchain companies by leveraging insights, network & access to capital.”
DCG owns equity in a long list of the industry’s biggest heavyweights, including stablecoin-issuer Circle, analytics firm Chainalysis, crypto exchange Coinbase and digital asset manager Grayscale.
As of September 2021, DCG had $50 billion in assets under management.
The registration will be the group’s first official foray into lobbying and comes as the crypto industry clashes with regulators on several pressing issues.
Last week, the U.S. Treasury Department banned American citizens from using Tornado Cash, a popular coin mixing service designed to obfuscate transactions for the purpose of on-chain anonymity.
According to the Treasury,...
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