U.S., Fintech companies form the Blockchain Association

Colin Wilhelm on Politico informs that in the United States three of the largest cryptocurrency firms are forming a trade association to lobby Washington. The goal is to obtain favorable laws for Fintech companies.
The companies are Coinbase, Circle and Digital Currency Group. They represent a broad swath of the digital currency industry. Coinbase is the largest U.S.-based cryptocurrency exchange, while Circle provides blockchain-based payment services as well as its own exchange, Poloniex. Digital Currency Group is an investment company with stakes in a broad array of cryptocurrency-related businesses. It also owns CoinDesk, an industry publication.