Digital Chamber Appoints Cody Carbone as New CEO, Founder Steps Down
The Digital Chamber will appoint Cody Carbone as CEO next month, succeeding founder Perianne Boring, who will transition to chair the board. This change coincides with a shift in U.S. government attitudes towards digital assets, moving from reluctance to support.
- Boring highlighted a new phase for the industry, stating the government is no longer trying to suppress it.
- Recent U.S. government initiatives include a presidential summit and legislative progress in Congress on crypto regulations.
- Carbone aims to influence stablecoin and market-structure legislation currently under discussion.
- An early goal includes reversing a controversial IRS rule affecting decentralized financial (DeFi) projects.
- This reversal is expected to reach the president's desk soon.
The Digital Chamber remains a leading advocacy group despite budget constraints compared to competitors like the Blockchain Association. Boring plans to explore other interests within the crypto space post-transition.