Ex-House speaker, former justice official join US policy crew assembled by Paradigm

11/07 06:33

Former lawmakers and officials from both U.S. parties will join academic and political leaders in a new council meant to advise on crypto policy after the midterm elections. Paul Ryan, the former speaker of the U.S. House of Representatives, will join past leaders of both parties’ congressional campaign committees in a group formed by Paradigm in a bid to help shape the crypto policies coming out of Washington, company officials said. The crypto venture-capital firm has been amping up its Washington presence this year, and Paradigm officials said this new policy council is meant to provide internal guidance as the midterm elections overhaul the political landscape. Next year is expected to mark the most important U.S. legislative moment for crypto to date, with Congress poised to move on stablecoins and potentially cementing the Commodity Futures Trading Commission in place as the dominant regulator of crypto trading.

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