CA Blockchain Advocacy Coalition @BlockAdCo
California’s leading voice for the blockchain and web3 industry blockadvocacy.com Sacramento, CA Joined September 2018-
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Proud to support this effort of @na_blockchain's. Getting the state pathway right under the GENIUS Act is critical—so innovators & fin institutions aren’t shut out by one-size-fits-all rules. Strong safeguards + workable implementation=real access to the digital asset ecosystem.
As a states-first organization, NABA brings a distinct & important perspective to the federal rule-making process. This week, we submitted a comprehensive comment letter to the OCC in response to its recently issued NPRM, outlining six key concerns raised by our stakeholders.
🚨COINBASE PARTNERS WITH U.S. SECRET SERVICE IN GLOBAL CRYPTO PHISHING CRACKDOWN, FREEZES $12M Coinbase, alongside the U.S. Secret Service, led a coordinated international operation identifying 20,000 victims and freezing $12M in stolen funds, marking a rare win for victims.
LUMMIS: "This is our last chance to pass the Clarity Act until at least 2030. We can’t afford to surrender America’s financial future."
Policy meets innovation in SF. 🌉🔗 Great hosting a group of CA Assemblymembers today for a roundtable with CBAC members and partners on the importance of the crypto & blockchain ecosystem. Thanks to @AVforCA for bringing policymakers to the heart of the web3 conversation.
CA's Digital Financial Assets Law is moving from statute to enforcement. The licensing portal opens 3/9, with firms required to be licensed, have an active application, or qualify for an exemption by 7/1/26. Check out CBAC's Joe Ciccolo's quote in @DecryptMedia re CA's law.
California Begins Enforcing State-Level Crypto Licensing With DFAL decrypt.co/358379/califor…
California Begins Enforcing State-Level Crypto Licensing With DFAL decrypt.co/358379/califor…
Congrats to the new CA Senate ProTem @MoniqueLimonCA. CBAC has had the pleasure of working with the ProTem during her time as Sen & Asm. Banking Chair and have always found her collaborative, accessible and open-minded. We looking forward to working with her in this new capacity!
Today I was sworn in as the 50th President pro Tempore of the California State Senate. Thank you all for your support and for putting your faith in me to lead this body in service to the people of California. We have work to do, so let’s get started.
Real-time transparency in government spending is possible with blockchain. The CLARITY Act will end regulatory confusion and enable California to track public funds as they move—reducing fraud while protecting privacy. It's time. #BlockchainForGood coindesk.com/coindesk-indic…
Thank you @thehouseofweb3 for hosting a productive conversation and providing a meaningful space for such great collaboration and camaraderie within the #Web3Community! This is why CA will continue to be #1 in web3 innovation and investment #cryptopolicy
Thank you @CaliforniaDFPI and Berkeley Research Group for an insightful discussion on the future of crypto licensing in CA. 2026 is around the corner and DFPI is hard at work preparing to open up the application process.
👏Great to see CBAC's member @coinbase leading with thoughtful, solutions-oriented engagement on consumer protection & illicit finance. We've been working closely with CA lawmakers to ensure balanced, data-driven policy on scams/fraud. Innovation & integrity can go hand in hand.
When bad guys innovate in financial crime, good guys need innovation to keep pace. @coinbase filed a response to @USTreasury's Request for Comment on “Innovative Methods to Detect Illicit Activity Involving Digital Assets” to underscore this reality and 4 particular reforms UST
CBAC is proud to be part of this amazing collaboration and can't wait to see what @na_blockchain accomplishes next as leaders from Red, Blue, Urban & Rural sates all come together to advocate for smart & innovative Web3 policies at the local level.
The numbers tell the story: American merchants paid $187 billion in processing fees in 2024. Traditional payment fees consume nearly half of small business profit margins. The GENIUS Act created clear stablecoin licensing frameworks, allowing owner-operators to recoup those
Federal crypto rules are coming fast — but states like California still have a big role to play. Great new piece from @a16zcrypto breaks down 5 actions states can take to drive responsible innovation — from DAOs to stablecoins. CA is already leading. 👇
State crypto policy playbook: 5 actions states can take to advance responsible crypto innovation ⤵️
📰 CBAC in the news! Our ED, Joe Ciccolo, spoke with @decryptmedia re SB 822 — CA’s new law clarifying how unclaimed digital assets are handled. A big win for #consumerprotection & #blockchainpolicy in CA. @JoshBeckerSV @AsmValencia 🔗 lnkd.in/g2kxR66c #CBAC #CryptoLaw
Hope to see you next week to hear directly from CA regulators on what to expect from the Digital Financial Assets Law and upcoming application deadline! @CaliforniaDFPI #cryptoregulation
CA HQ'ed @Square is working to revolutionize how consumers interact with and lift up small businesses, the backbone of our communities and economies, with bitcoin.
CBAC was pleased to attend and provide comment at the Little Hoover Commission’s Scam & Fraud Protection hearing this week. The blockchain & crypto community stands ready to work with regulators on how to protect consumers from industrial scammers disrupting our economy.
Blockchain & Digital Asset innovation happening right here in CA has added $18billion+ to our economy
NEW: California’s economy GREW FASTER (4.3%) than the U.S. economy (3.8%) Note: the Golden State also outpaced the Sunshine State!
Using blockchains, digital identity can be used to bolster privacy and give people greater freedom. Or it can be what the UK is rolling out…. Scary stuff.
🚨🌎🇬🇧 “Today I’m announcing I’m making a Free of Charge Digital ID - Mandatory” “Let me Spell that out - you will not be able to……” “It’s as simple as that” Wow - Took a year for Keir Starmer to turn into a fully blown Fascist Communist Dictator and he doesn’t even care ‼️
🚨BREAKING: CA Gov Newsom just signed AB 1029 - requiring public officials to disclose crypto holdings, same as stocks/real estate. A major win for transparency & ethical governance in the digital age! 🏛️ CBAC supported this landmark legislation by @AsmValencia since day one. ✅
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