Digital Assets Coalition of America (DAC) has added Frank McCarthy of McCarthy Advanced Consulting as an advisor.
A 20-year veteran of Capitol Hill, Mr. McCarthy will be helping to formulate policy goals and objectives to help educate lawmakers on the benefits of digital assets that go far beyond cryptocurrency.
“Like most of the general public, members of Congress and their staffs are laymen on these issues,” Mr. McCarthy said. “As the subject matter experts on issues facing digital assets, DAC is becoming the go-to organization for policy relating to blockchain technology.”
“DAC is proud to announce this partnership with Frank McCarthy and McCarthy Advanced Consulting (MAC),” DAC managing director Jared Bambis said. “Frank and his team have decades of experience in direct lobbying, political strategy, and coalition building. MAC will be a powerful resource in achieving our goals, and we’re incredibly excited to work with them.”
Mr. McCarthy and his team will contribute strategic leadership to the DAC mission of educating the federal government and the public on distributed ledger technologies and inspiring a favorable regulatory climate.
DAC Advisor and international trade expert Michael Bowen explains the need for a favorable tax and regulatory environment in the blockchain industry.
“Cryptocurrency and blockchain technology have the potential to make exponential growth impact on U.S. domestic income. DAC is focused on ensuring that impact occurs in the most positive way for consumers, investors and innovators as well as the U.S.”
DAC kicks off its 2018 U.S. Legislative activities next week at a critical time in the cryptocurrency regulatory conversation. By fostering collaboration between industry experts and government officials, DAC will empower America in securing its position as a global leader in the digital asset arena.