Choose Rich Live
Crypto News

Zcash policy group Pretty Good Policy for Zcash registers first lobbyist in Washington

Pretty Good Policy for Zcash has registered its executive director, Divij Pandya, to lobby lawmakers in Washington on market clarity legislation and digital asset tax proposals.

The dome of the United States Capitol building with an American flag flying in front of a blue sky.
Image: @Cointelegraph

Zcash-focused advocacy group Pretty Good Policy for Zcash (PGPZ) has formally registered to lobby lawmakers in Washington, according to Punchbowl. The organization named its executive director, Divij Pandya, as its sole registered lobbyist and received a $750,000 grant to fund its first year of operation.[1][2]

The newly registered lobbying operation has identified the CLARITY Act, formally called the Digital Asset Market Clarity Act, alongside two digital asset tax proposals currently under consideration as key lobbying priorities.[1][4]

According to Crypto Briefing, the advocacy group's presence in Washington could significantly shape developer protections and regulations surrounding privacy-focused digital assets. The outlet also reported that the lobbying push could improve regulatory clarity, potentially lifting market confidence and influencing future Bitcoin price trends.[3][5]

Key facts

  • Pretty Good Policy for Zcash (PGPZ) registered its executive director, Divij Pandya, as its first and sole lobbyist in Washington, per Punchbowl.
  • PGPZ secured a $750,000 grant to support its initial year of work.
  • The lobbying effort lists the Digital Asset Market Clarity Act (CLARITY Act) and two digital asset tax proposals among its legislative priorities.
  • Crypto Briefing reported the lobbying campaign could significantly impact developer protections and privacy-focused digital asset regulations.
  • Crypto Briefing reported that enhanced regulatory clarity from the effort could influence market confidence and Bitcoin price trends.

Sources 路 4 sources

  1. BS

    BSCN@BSCNewsPost on X 路

    Zcash Gets a New Voice in Washington Zcash-focused advocacy group PGPZ has registered to lobby US policymakers on digital asset legislation. The group lists the Digital Asset Market Clarity Act among its lobbying priorities. It will also focus on two digital asset tax proposals currently under consideration. PGPZ named executive director Divij Pandya as its sole registered lobbyist. The organization received a $750,000 grant to fund its first year of work.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X 路

    馃嚭馃嚫 JUST IN: Zcash-focused policy group Pretty Good Policy for Zcash has registered its first lobbyist, executive director Divij Pandya, per Punchbowl. https://t.co/wXLcBnfqNt

    Open source
  3. CB

    Crypto BriefingArticle 路

    Zcash advocacy group registers its first lobbyist in Washington Zcash's lobbying efforts in Washington could significantly influence privacy-focused digital asset regulations and developer protections. The post Zcash advocacy group registers its first lobbyist in Washington appeared first on Crypto Briefing .

    Open source
  4. CT

    Coin TelegraphArticle 路

    Zcash gets a Washington lobbyist to push crypto policy The newly registered lobbying operation lists the CLARITY Act and two digital asset tax proposals among the issues it plans to lobby on in Washington.

    Open source
  5. CB

    Crypto BriefingArticle 路

    Zcash hires Washington lobbyist to influence crypto policy Zcash's lobbying efforts could enhance regulatory clarity, potentially boosting market confidence and influencing Bitcoin's future price trends. The post Zcash hires Washington lobbyist to influence crypto policy appeared first on Crypto Briefing .

    Open source