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The Digital Chamber will elevate Cody Carbone to be its chief executive officer next month, replacing founder Perianne Boring, who is stepping down after a decade atop the oldest U.S. crypto advocacy group.
As it prepares for its latest Washington, D.C., blockchain summit next week, the Digital Chamber informed its members that Boring will be moving to chair the organization's board while Carbone — a longtime crypto policy presence — takes over as CEO. The group's transition coincides with the long-awaited shift in the U.S. government from digital assets reluctance to an embrace from President Donald Trump and an enthusiastic Congress.
"We're no longer in a defensive stance, where we have a government that's essentially trying to shut down the industry," Boring said in a CoinDesk interview.
Digital assets are enjoying a wave of U.S. government support, with a presidential summit at the White House earlier this month and signs of progress in the Senate and House of Representatives, which both easily advanced a crypto matter in recent days. But the two core bills — the regulation of stablecoins and the setting of guardrails for the overall industry — represent the ultimate goal to establish crypto as a full-fledged, regulated corner of the U.S. financial system.
That means Carbone, formerly the Digital Chamber's chief policy officer, will seek to have a hand in the stablecoin and crypto market-structure legislation brewing in Congress now.
"We haven't gotten anywhere, yet," Carbone told CoinDesk this week. The industry has, during his predecessor's years of lobbying, been "constantly addressing misconceptions, bad narratives, fighting back against the government." Despite the new political success, "sky-high" expectations from crypto enthusiasts and well-placed support across the government, the organization has to "focus all of our efforts on meeting those expectations, getting the policies enacted that we want."
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