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Tribal, a B2B financing and payment platform focused on emerging countries said on Monday that it would join the Blockchain Association, an industry lobbying group.
The San Francisco-based business announced that it would offer its knowledge of blockchain use cases in emerging markets and engage in conversations with regulators and other stakeholders.
"We support the development of a flexible, innovation-forward regulatory framework for blockchain and crypto, and we look forward to advancing that as a member of the Blockchain Association," Tribal CEO Amr Shady said in a statement.
Binance.US announced its departure from the Blockchain Association in April, citing differences in “values, aims, and standards,” as reported by CoinDesk at the time. Instead, Binance.US will concentrate its lobbying efforts on Washington, D.C., and state legislatures.
In January, Stellar Development Foundation (SDF) and Partners for Growth participated in a $40 million loan financing led by Tribal (PFG).
In November, the Blockchain Association received $4 million from the cryptocurrency exchange Kraken, the Digital Currency Group (CoinDesk’s parent company), and the Filecoin Foundation.