How to engage with U.S. policymakers | Collin McCune

How to engage with U.S. policymakers | Collin McCune

Source: YouTube · a16z crypto · published Jun 12, 2023 · 34:39

Compliance & GRC
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Description

This presentation outlines the fundamentals of U.S. government operations, the legislative process specifically for cryptocurrency, and actionable strategies for engaging policymakers to shape regulation 1:17.

Key Takeaways:
• Understanding the U.S. government structure requires knowledge of the three branches and the complex path a bill takes to becoming law, involving committees, votes, and presidential signatures 1:33.
• Lawmakers utilize frameworks rather than direct rules, employing executive orders, case law, and agency rulemaking, with motivations driven by constituents, stakeholders, and election cycles 2:45.
• Crypto is currently in the "struggle stage" where policymakers negotiate between prohibition and heavy regulation, pushing legislative efforts focused on market structure and stablecoins 14:09.
• Effective advocacy involves moving beyond reliance on lobbyists to building coalitions and directly contacting congressional staff to share technical expertise 20:52.

Success in regulatory engagement relies on persistence, understanding political dynamics, and demonstrating practical use cases that show lawmakers the tangible value of blockchain technology.

Sources:

  • 1:17 Overview of government branches and engagement goals.
  • 1:33 Explanation of checks and balances and the legislative process.
  • 2:45 Discussion of rulemaking, executive orders, and politician motivations.
  • 14:09 Analysis of the legislative stages for crypto and current policy proposals.
  • 20:52(https://www.yo

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[Music] thank you thank you and good morning the uh the only thing more exciting than kicking off your morning with a policy and Regulatory conversation is following up with a second policy and Regulatory conversation so thank you for bearing with me I would venture to guess if I asked for a show of hands of how many people in this room have ever met their congressmen or their Senators it would probably be a pretty limited view I'm also willing to bet that if I ask that same question about how many people in this room know the names of their congressmen or their Senators it would also be a limited view but that's okay because most people don't most people don't understand how to engage but from my perspective it's critical that we learn the tools to be able to make an impact not only on cr…