Binance.US Leaves Blockchain Association: What's Next for Crypto Lobbying?
Breaking news: Binance.US has left the Blockchain Association with immediate effect. The American affiliate of the world's biggest crypto exchange, Binance, made the announcement, signaling a significant shift in its approach to regulatory engagement.
Why did Binance.US leave the Blockchain Association? According to reports, Binance.US felt a distance existed between its own goals and the ideals of the association. Instead, Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the group to pursue its own independent lobbying efforts.
This move gives a serious blow to the Blockchain Association, a key lobbying organization within the crypto industry. Binance.US, the American arm of the world’s largest crypto exchange by trading volume, is leaving crypto industry’s key lobbying organization Blockchain Association after less than [unspecified duration]. This decision reflects a desire for a more direct and focused approach to influencing digital asset policy in the United States. The affiliate of Binance cofounder Changpeng Zhao, Binance.US, the American crypto exchange set up by Binance cofounder Changpeng Zhao, will exit lobby group Blockchain Association and allocate resources to its own government affairs team.
This isn't the first time the Blockchain Association has seen internal friction. Remember, When Binance US joined the Blockchain Association in August 2025, Coinbase shortly stepped down from the association. Coinbase failed to take Binance’s name [in its messaging]. Now, Binance.US's departure raises questions about the future of crypto lobbying efforts and the potential for fragmented representation on Capitol Hill.
Binance.US ha anunciado hoy que va a crear un equipo en Washington para colaborar con los legisladores en la política de activos digitales. Al mismo tiempo, se ha [made the decision to leave the Blockchain Association, mirroring its dedication to a tailored approach to legislative matters].
The exchange's strategic shift could signal a trend of individual companies prioritizing direct engagement with lawmakers over collective advocacy. It remains to be seen how this will impact the overall landscape of crypto regulation in the US. The resources previously allocated to the Blockchain Association Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the group and divert those funds towards building their own influence in Washington.
Stay tuned for updates as this story develops.