Coin Center Executive Director Jerry Brito to step down On December
Jerry Brito, the longstanding founding executive director of Coin Center, the nonprofit research and advocacy organization, has announced plans to resign at the end of the year.
In a blog post by Coin Center, Brito said, Although Coin Center's 10th anniversary celebration earlier this year was an incredible accomplishment, we believe the time is now for another. At the end of the year, Robin Weisman will leave as Senior Policy Counsel, and I will resign as Executive Director, passing the torch of leadership for the company’s next chapter.
Brito stated that he was excited about the work done over the past ten years as he will be leaving his position at the organization. It was unclear in 2014 when we first started that governments would permit Bitcoin to grow. Although there was a lot of harm that could have been done in the short term, and many people attempted to do so, Bitcoin and cryptocurrency are unstoppable in the long run. Initially, we wanted to give Bitcoin enough time to reach escape velocity, and I believe we were successful in that endeavor.
Peter Van Valkenburgh announced as incoming executive director
I’m excited for the next 10 years of Coin Center. Now more than ever we must defend our digital civil liberties. It’s bittersweet to see Jerry and Robin move on to new things, and I’m humbled and honored to help fill their shoes. https://t.co/4Y0JFttEWh
— Peter Van Valkenburgh (@valkenburgh) September 30, 2024
According to Brito, Peter Van Valkenburgh will take over as Executive Director on January 1, 2025. Nobody else is more qualified for the position. Neeraj Agrawal and Antonie Hodge will have more responsibilities in fundraising and management, while Landon Zinda will take over our government outreach initiatives as Policy Director.
Jerry Brito and Robin Weisman to remain on the Coin Center board of directors
Brito said I owe a special debt of gratitude to Robin, who has always more than made up for my shortcomings and without whom we could not have achieved nearly as much success. Robin and I will continue to advise the Coin Center team going forward while serving on the board of directors.
Crypto advocacy group Coin Center defending crypto rights
The group has facilitated initiatives to address relevant issues and advance legislative frameworks that encourage the development of cryptocurrencies. Their goal is to shape policies that promote technological advancement by educating policymakers about the technology and highlighting both its advantages and disadvantages.
Coin Center has addressed a number of Washington-related issues. The organization and the U.S. Internal Revenue Service have been engaged in a legal battle since 2022 regarding a crypto-tax reporting requirement that would have required businesses and individuals to report personal information to the government if they received $10,000 or more in cryptocurrency.
Senator Elizabeth Warren asked Coin Center to reveal its hiring practices earlier this year, but Brito turned her down, saying the company has "no obligation" to do so beyond what is required by law.
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