BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Coin Center Firmly Rejects Senator Warren’s Critique on Hiring Ethics

BlockNews.com Team by BlockNews.com Team
January 15, 2024
in BUSINESS, CRYPTO, FINANCE
Reading Time: 3 mins read
1
SHARES
15
VIEWS
Share on XShare in TelegramShare on Reddit
  • Senator Warren questions crypto groups’ hiring of former government officials as lobbyists, calling it unethical “cashing in”; industry argues it’s legal free speech
  • Coin Center declines Warren’s request for hiring details, calls it a “bullying publicity stunt”; reminds her lobbying is protected speech
  • The tense exchange shows ongoing tensions between crypto and regulators; balanced policy requires nuance and compromise from both sides

Senator Elizabeth Warren recently sent letters to several major crypto organizations, including Coinbase, the Blockchain Association, and Coin Center, criticizing their hiring of former government officials to lobby on their behalf. She called the practice “appalling” and said it undermines bipartisan Congressional efforts to regulate cryptocurrencies.

While legal, Warren argued the hiring reveals gaps in ethics laws, allowing former officials to “cash in” by lobbying their previous employers. She asked the groups to provide details on their hiring policies.

JUST IN: Coin Center declined 🇺🇸 Sen. Elizabeth Warren's inquiries regarding its employment of government officials

Labeling the request a "bullying publicity stunt" pic.twitter.com/kDxxzkha3t

— BlockNews.com (@blocknewsdotcom) January 15, 2024

Coin Center Declines Further Comment

In response, Coin Center director Jeremy Brito declined to answer Warren’s questions, calling it a “bullying publicity stunt.” Brito said Coin Center has no obligation to disclose hiring practices beyond legal requirements, stating:

“Our constitutional republic depends on our mutual adherence to the rule of law but also on long-standing norms of civility, respectful debate and compromise.”

Brito reminded Warren that lobbying is protected free speech. The crypto industry has criticized Warren’s legislative efforts as being influenced by banking lobbyists.

Ongoing Tensions

The terse exchange highlights ongoing tensions between the crypto industry and policymakers seeking more oversight. Crypto groups claim regulation threatens innovation, while officials raise concerns about illicit finance.

Navigating these issues requires nuance and compromise from both sides. Ethical debates persist around lobbying, but mutual good faith efforts can lead to balanced policy.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainCoin CenterCoinbasecryptoElizabeth Warren
TweetShareShare
BlockNews.com Team

BlockNews.com Team

The go-to news source for Cryptocurrency, Blockchain, Technology, & Finance

DON'T MISS THESE! HOT OFF THE PRESS

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade
CRYPTO

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)
BITCOIN

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News
CHAINLINK

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You
FINANCE

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight
CRYPTO

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow
CRYPTO

Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow

September 17, 2025
Load More

Related News

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews