The Digital Chamber Leadership Change

The Digital Chamber will elevate Cody Carbone to the position of chief executive officer next month, succeeding founder Perianne Boring, who will step down after a decade leading the oldest U.S. crypto advocacy group.

As the organization prepares for its upcoming Washington, D.C., blockchain summit, it has informed members that Boring will transition to chair the board while Carbone, a long-time crypto policy advocate, assumes the CEO role. This leadership shift coincides with a significant change in the U.S. government’s stance on digital assets, moving from reluctance to support under President Donald Trump and an enthusiastic Congress.

Boring stated in a CoinDesk interview, “We’re no longer in a defensive stance, where we have a government that’s essentially trying to shut down the industry.”

With increasing U.S. government support for digital assets, highlighted by a presidential summit at the White House and advancing crypto issues in Congress, the focus now rests on two critical bills: regulating stablecoins and setting industry standards, both essential for integrating crypto into the U.S. financial system.

Carbone, formerly the Digital Chamber’s chief policy officer, will play a vital role in these legislative efforts. He remarked, “We haven’t gotten anywhere, yet,” acknowledging the challenges the industry faces despite newfound political support. The organization is committed to addressing misconceptions and meeting high expectations from crypto proponents.

Read More: U.S. Senate Takes First Big Step to Advance Stablecoin Bill

A significant policy achievement during Carbone’s tenure may involve reversing an IRS rule that classified decentralized finance (DeFi) projects as brokerages needing to track user tax obligations. Lawmakers are leveraging the Congressional Review Act to repeal the Biden administration rule, enjoying strong bipartisan support as the measure progresses toward a presidential signature.

This reversal could represent the Digital Chamber’s first major pro-crypto initiative to reach President Trump, while Carbone aims to prioritize additional legislation this year.

Boring praised Carbone’s execution skills, stating, “Cody really shines on that execution. So that is the immediate priority, executing all the things we’ve spent the past year or the past decade building and getting those done.”

In a competitive landscape of lobbying groups in the crypto space, the Digital Chamber is among the most prominent, although its budget has been surpassed by the Blockchain Association recently. Other advocacy organizations include the Crypto Council for Innovation, Coin Center, and DeFi Education Fund, along with the newly established National Cryptocurrency Association supported by a $50 million grant from Ripple Labs.

Boring has not disclosed immediate plans for her future but expressed a desire to explore her passions within the crypto sector.