In the US, public-private state associations form networks of support for crypto businesses

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In the US, public-private state associations form networks of support for crypto businesses
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Washington Governor Jay Inslee signed a bill to put the public and private sectors working together to advance crypto adoption. A working group of state officials and trade association leaders will report back in at the end 2023.

“various potential applications of and policies for blockchain technology” and report to the governor in December 2023.

So far, Washington has only rarely appeared on the many lists compiled over the years to rank U.S. states by their affiliation with the cryptocurrency industry and blockchain technology. This is despite the considerable efforts of the WTIA, which focuses on blockchain and quantum computing. The WTIA The WTIA 7th Founder Cohort was the fourth accelerator for which Whygrene was selected. “It really helps,” Phelps told Cointelegraph. There have been webinars on structuring a pitch, talking to investors and similar topics, but it is the “warm introductions” and networking events that Phelps enthused over.

Portland has seen particular success recently. According to a Bloomberg study based on data from LinkedIn, Portlandadding crypto jobs in 2021. “We made specific moves in 2017 and 2018 to create a center of excellence through the Oregon Enterprise Blockchain Venture Studio,” Jeff Gaus, creator of the Oregon Enterprise Blockchain Venture Studio, told Cointelegraph by email.

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