Zcash Engages Washington Lobbyist to Influence Crypto Policy
The advocacy group Pretty Good Policy for Zcash (PGPZ), focused on promoting the privacy-centric cryptocurrency Zcash, has officially registered as a lobbyist in Washington effective October 1. The organization aims to advance Zcash's interests in US crypto regulation, including efforts around the Digital Asset Market Clarity Act and digital asset taxation proposals. PGPZ evolved from Pretty Good Policy for Crypto, initiated by Electric Coin Co. in 2022, and was granted $750,000 by Zcash Community Grants to support its first year of operations.
Lobby Registration and Organizational Focus
Pretty Good Policy for Zcash (PGPZ) filed a lobbying registration effective October 1, naming its executive director Divij Pandya as the sole lobbyist. The registration highlights key lobbying targets such as the Digital Asset Market Clarity Act and two digital asset tax proposals, reflecting the privacy-oriented Zcash ecosystem's stepped-up efforts to influence US digital asset policy.
Founded in June 2023, PGPZ grew out of Pretty Good Policy for Crypto, originally launched by Electric Coin Co. in 2022. In 2023, PGPZ organized Washington policy roundtables and a congressional briefing on encryption technologies, aiming to engage policymakers on relevant regulatory issues.
Goals and Funding of PGPZ
Paul Brigner, founder of PGPZ and chief policy officer at ZODL, stated the organization's mission is to ensure serious, organized, and credible policy engagement in Washington on behalf of Zcash. He stressed that policymaker decisions will determine whether privacy-preserving digital cash can lawfully exist and serve the public interest.
In August 2023, the Zcash Community Grants awarded PGPZ a $750,000 grant to fund its inaugural year, enabling the group to strengthen representation and defense of Zcash interests in regulatory discussions.
Why it matters
The registration of a dedicated lobbyist and the allocation of significant funding to advocate for Zcash in the US reflect the community's serious commitment to shaping crypto regulation. As US legislation critically impacts digital asset futures, active representation in Washington helps secure the lawful existence and utility of privacy-preserving digital cash, influencing both recognition and regulatory frameworks for this asset class.
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