Nelson Wang
Nelson Wang is CoinDesk's news editor for the East Coast. He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.
Digital Currency Group (DCG), which counts over 150 crypto companies in its portfolio, has registered its VP of Public Policy, Julie Stitzel, to lobby on its behalf with the U.S. federal government, according to an Aug. 15 disclosure filing. DCG owns CoinDesk as an independent subsidiary.
- The filing describes DCG’s business as to “support bitcoin & blockchain companies by leveraging insights, network & access to capital.”
- The move suggests DCG will be getting more involved in lobbying efforts, particularly in the run-up to the 2022 mid-term elections. Stitzel was formerly head of bitcoin policy at Block’s Cash App before joining DCG in May.
- One of DCG’s largest subsidiaries, digital asset manager Grayscale, recently filed a legal challenge against the SEC for rejecting its spot bitcoin ETF application, and had been ramping up its legal team in anticipation of the decision.
- DCG could not immediately be reached for additional comment on the lobbying registration.
