## Crypto Think Tank Refutes US Senator’s Inquiries

On December 18, 2023, US Senator Elizabeth Warren sent three letters to Coin Center Director Jerry Brito, Blockchain Association CEO Kristin Smith, and crypto exchange Coinbase, setting January 14, 2024, as the deadline for a response to her inquiries. In the letters, the Senator expressed concern over the organizations’ alleged influence in policy-making by employing former government officials.

Coin Center, a non-profit think tank, responded to Senator Warren’s letter on January 15, asserting that they have no obligation to answer her questions beyond the public disclosures they make under the law. They emphasized their commitment to constitutional rights, particularly free speech and petitioning the government. Coin Center also expressed opposition to legislative proposals, deeming them unfair, unworkable, and unconstitutional, and defended their stance as a patriotic act.

In response to Warren’s concerns about the employment of former government officials, Coin Center declined to provide further details but expressed willingness to engage in policy discussions with the Senator.

Furthermore, Coin Center criticized the alleged gap that allows former government officials to transition into the private sector and highlighted the need for more effective enforcement rather than focusing solely on regulatory gaps.

The organization affirmed its dedication to finding solutions and supporting sound regulation for cryptocurrency businesses, expressing the belief that diverse voices and perspectives are essential for effective policymaking.

Coin Center concluded by reaffirming its commitment to bipartisanship and its efforts to advance sound regulation for cryptocurrency businesses while preserving the freedom to innovate.

Bitcoin is currently trading at $ on the daily chart. Source: BTCUSDT on [TradingView.com](https://www.tradingview.com/x/ivnFfVAL/).

**FAQs**

**1. What is Coin Center?**
Coin Center is a non-profit think tank that focuses on the policy issues faced by the crypto industry.

**2. What legislative proposals did Coin Center oppose?**
Coin Center opposed the CANSEE Act and the Digital Asset Anti-Money Laundering Act, deeming them unfair, unworkable, and unconstitutional.

**3. How did Coin Center respond to Senator Warren’s letter?**
Coin Center declined to provide further details about the employment of former government officials but expressed willingness to engage in policy discussions with the Senator.

**4. What is the current trading price of Bitcoin?**
Bitcoin is currently trading at $ on the daily chart.

**5. What is the purpose of the article disclaimer?**
The disclaimer emphasizes that the article is provided for educational purposes only and does not represent the opinions of NewsBTC on investment decisions. It advises readers to conduct their own research before making any investment choices.

*Sources: [NewsBTC](https://x.com/jerrybrito/status/1737119021483557347?s=20), [Twitter](https://twitter.com/jerrybrito/status/1746902118781362237), [Unsplash.com](https://unsplash.com/), [TradingView.com](https://www.tradingview.com/x/ivnFfVAL/)*