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Digital Chamber Gets New Chief as Crypto Lobbyists Embrace Friendlier Washington

The Digital Chamber will elevate Cody Carbone to be its chief executive officer next month, replacing founder Perianne Boring, who is stepping down after a decade atop the oldest U.S. crypto advocacy group.
As it prepares for its latest Washington, D.C., blockchain summit next week, the Digital Chamber informed its members that Boring will be moving to chair the organization’s board while Carbone — a longtime crypto policy presence — takes over as CEO. The group’s transition coincides with the long-awaited shift in the U.S. government from digital assets reluctance to an embrace from President Donald Trump and an enthusiastic Congress.
«We’re no longer in a defensive stance, where we have a government that’s essentially trying to shut down the industry,» Boring said in a CoinDesk interview.
Digital assets are enjoying a wave of U.S. government support, with a presidential summit at the White House earlier this month and signs of progress in the Senate and House of Representatives, which both easily advanced a crypto matter in recent days. But the two core bills — the regulation of stablecoins and the setting of guardrails for the overall industry — represent the ultimate goal to establish crypto as a full-fledged, regulated corner of the U.S. financial system.
That means Carbone, formerly the Digital Chamber’s chief policy officer, will seek to have a hand in the stablecoin and crypto market-structure legislation brewing in Congress now.
«We haven’t gotten anywhere, yet,» Carbone told CoinDesk this week. The industry has, during his predecessor’s years of lobbying, been «constantly addressing misconceptions, bad narratives, fighting back against the government.» Despite the new political success, «sky-high» expectations from crypto enthusiasts and well-placed support across the government, the organization has to «focus all of our efforts on meeting those expectations, getting the policies enacted that we want.»
Read More: U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The sector’s first legislative accomplishment during Carbone’s tenure may be the reversal of an Internal Revenue Service rule that would have treated decentralized financial (DeFi) projects as brokerages that needed to keep tabs on their users for tax purposes. Lawmakers are tapping their powers under the Congressional Review Act to roll back the Biden-administration rule, and major surges of Democratic support helped the resolution clear both chambers, so it’s only awaiting a procedural second approval from the Senate before heading to Trump’s desk to be signed.
That would mark the inaugural pro-crypto effort to wind its way successfully to a U.S. president’s signature, but the other legislation is Carbone’s top aim, and he predicted it’ll happen this year.
«Cody really shines on that execution,» Boring said. «So that is the immediate priority, executing all the things we’ve spent the past year or the past decade building and getting those done.»
The digital assets space has a crowded field of lobbying groups stalking the halls of the Capitol, White House and the regulatory agencies. The Digital Chamber is among the most prominent of them and has the most members, though its budget has been outpaced by the Blockchain Association in recent years.
The list of advocacy and educational organizations also includes the Crypto Council for Innovation, Coin Center, DeFi Education Fund and others, including the brand new association launched by Ripple Labs, the National Cryptocurrency Association, which is being backed by a massive $50 million grant.
Boring said she has no immediate commitment for a role outside the organization
«My next step is really kind of exploring additional passions that I have in the crypto space,» she said.
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CoinDesk 20 Performance Update: Uniswap (UNI) Gains 7.2% as Index Climbs Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3206.01, up 1.3% (+41.12) since 4 p.m. ET on Tuesday.
Nineteen of 20 assets are trading higher.
Leaders: UNI (+7.2%) and AVAX (+3.5%).
Laggards: AAVE (-1.6%) and BTC (+0.2%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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Guatemala’s Largest Bank Adopts Stablecoin Rails for U.S. Remittance Payments

Guatemala’s largest bank, Banco Industrial, has adopted blockchain firm SukuPay’s stablecoin rails for customers to send remittances from the U.S.
SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee using only a phone number within their Banco National mobile app Zigi, according to an emailed announcement on Wednesday.
«This integration marks the first time a crypto-native protocol has gone live at this depth inside a top-tier Latin American retail bank,» SukuPay said in the announcement.
SukuPay’s developer Suku unveiled the payment tool in April 2024 as a way of allowing cross-border money transfers without the need to create a crypto wallet. It is built on Ethereum scaling network Polygon and uses the USDC stablecoin.
Stablecoins, now a nearly $230 billion asset class, are one of crypto’s most practical success stories. Pegged to fiat currencies like the U.S. dollar, they’ve become popular tools for payments, remittances and savings—especially in developing countries where banking access is limited or local currencies are volatile.
SukuPay’s integration into Banco Industrial underlines the trend how blockchain-based rails are quietly entering the financial mainstream, not as investment vehicles but as invisible plumbing for real-world money movement.
Remittances to Guatemala number around $21 billion annually, which is nearly 20% of the country’s GDP.
Only 35% of Guatemalan adults had access to formal bank accounts as of 2022, according to the World Bank’s Findex Data, making it a prime market for tools that can improve financial inclusion.
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Crypto Hedge Fund Temple Capital Hires TradFi Execs as Institutional Demand Grows

Crypto hedge fund Temple Capital has expanded its senior management team with hires from Hilbert Capital, BlueCrest and Brevan Howard, the company said in a press release Wednesday.
Guy Griffiths has joined as chief financial officer, the company said. He was previously employed by macro hedge fund Brevan Howard in London for 19 years.
Richard Murray, former CEO of crypto asset manager Hilbert Capital, has joined Temple Capital as a partner of the firm. He was also a former executive at Brevan.
Cristian-Teodor Tudor, formerly lead quant developer at BlueCrest, has joined the investment firm as a quant researcher.
Temple Capital currently manages $120 million in assets and is backed by Bain Capital and Pantera Capital.
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