HODLpac Shows Crypto Is Becoming a Mainstream Industry
James Cooper is a professor of law at California Western School of Law in San Diego. For more than two decades, he has advised governments, international institutions, not for profit organizations, and corporations on the regulation of disruptive technologies and legal sector innovations.
On March 23, 2020, a new political action committee for the cryptocurrency world was launched in the United States. Designed to provide clarity as well as legitimacy for fintech, HODLpac is an important step towards the maturation of the industry. It is about time that crypto entrepreneurs, investors, and promoters put on their big boy pants, play in the regulatory sharktank of Washington D.C., rid themselves of the challenges that come with cryptocurrency’s history of fraud, and truly lead the advent of internet 3.0.