The Digital Chamber’s State Network Initiative
The Digital Chamber, an organization advocating for the cryptocurrency sector, has unveiled a progressive initiative named the State Network aimed at shaping digital asset regulations across various states in the United States. This initiative is particularly timely, as it coincides with the approaching 2026 midterm elections. The announcement was made on Monday and highlights an effort to create a synergistic network that links legislators, regulators, and industry stakeholders committed to enhancing blockchain technology’s role within the nation.
Inaugural Members and Educational Commitment
Among the inaugural members joining the State Network are notable players from the blockchain world, including Strategy, a company headed by Michael Saylor, along with the proof-of-stake ledger Hedera and Input Output, a firm focusing on blockchain infrastructure research. A critical aspect of this initiative is its commitment to education, facilitated through a collaboration with the Future Caucus, a nonprofit group. This partnership is designed to equip lawmakers in targeted states with the necessary knowledge to formulate and endorse effective crypto policies.
Leadership and Advocacy
Cody Carbone, who serves as the CEO of The Digital Chamber, emphasized the importance of educating emerging leaders about cryptocurrency. He stated, “This partnership will help develop a bench of strong leaders ready to introduce and support digital asset legislation and advocate for crypto policy that will propel states to lead the future of finance.”
Political Influence and Microgrants Program
The influence of cryptocurrency is already becoming evident in the political sphere, with crypto firms investing over $134 million on campaign contributions and media placements for the upcoming 2024 federal elections. As part of their strategy, the State Network is also initiating a Microgrants Program, which will be piloted in 2026. This program aims to assist in the development of state blockchain associations, university blockchain clubs, and local innovation groups by providing financial grants.
Anastasia Dellaccio, the executive director of the State Network, referred to these grants as the first step in building advocacy groups that can effectively mobilize education and outreach efforts in state capitals nationwide. “We are proud to provide tangible support to emerging groups working to educate policymakers on the benefits of developing principled digital asset policy,” she remarked.
Future Plans and Engagement
Notably, even before its formal launch on Monday, the State Network has already initiated efforts in states like New York, Arizona, Ohio, and New Hampshire, aiming to raise awareness and inform lawmakers about the potential of blockchain technology. Looking ahead, the organization has also planned the 2026 Digital Asset Tour, an advocacy campaign set to traverse state legislatures and further engage with key policymakers on these issues.
