BAC Director Ally Medina interviews US Congressman Ro Khanna at SF Blockchain week about State and Federal Blockchain Policy.
Why we focus on California
It’s the 5th largest economy in the world and home to over half the blockchain companies in the United States. As the birthplace of Silicon Valley, the state has demonstrated an interest in having a thriving tech economy. We know that the U.S. is losing blockchain companies overseas because of confusing and overreaching regulation. California is the perfect place to change that.
There are 535 voting members of Congress. CA’s legislature has 120. While we engage with the federal government and track legislation there, it’s far faster to focus on passing groundbreaking legislation in CA where it has the largest industry impact. We have a multi-year legislative strategy to realize that goal. Interested in bringing California into the future?