GBBC-USA, on behalf of USBC, Files Amicus Brief

Global Blockchain Business Council (GBBC)-USA, on behalf of U.S. Blockchain Coalition (USBC), has filed an Amicus Brief on appeal from the United States District Court for the District of Wyoming No. 22-cv-125 alongside The Digital Chamber (TDC). 

GBBC-USA and TDC both have a strong interest in this case and a vital perspective to provide as coalitions with substantial experience in the digital asset space. Denying state-chartered banks a dependable path to participate in the national banking scheme simply because they hold digital assets poses a direct threat not just to the trillion-dollar blockchain industry's sustained growth and success, but also to every present and future industry that may fall into disfavor with federal regulators despite operating completely within legal bounds.  

We extend our sincere thanks to the law firm Clement & Murphy for their incredible oversight in drafting this brief. Their dedication and expertise have been invaluable throughout this process. We also express our gratitude to our members who contributed their deep insights, guaranteeing that the brief reflects the collective wisdom of our community. Additionally, we appreciate the collaboration of The Digital Chamber.

Together, we strive to create an environment where the cryptocurrency industry can flourish without facing prejudice, thereby promoting a secure, dynamic, and inclusive financial ecosystem for all stakeholders. Our collective efforts are a testament to the power of collaboration in driving meaningful regulatory clarity and advancing the future of digital finance. 

View the complete brief here.

Download GBBC's fact card here.

**GBBC is a non-profit focusing on education, partnerships, and standards for the blockchain and digital assets community. GBBC does not lobby