BlockBeats reported that on September 26, encryption venture capital company Paradigm announced on Tuesday the launch of what they called a first-of-its-kind policy laboratory that will become a gathering place for academics, policy experts, lawyers and technical experts. The team will produce cutting-edge research, commentary and advocacy on the most important policy issues facing crypto and other cutting-edge technologies.

As part of its launch program, Paradigm Policy Lab announced two inaugural academic fellows, Primavera De Filippi of Harvard University’s Berkman Klein Center and Agostino Capponi of Columbia University, who will study “regulatory equivalence.” — A term used to describe “the comparability of legally constrained and technologically constrained systems and how the same policy outcomes can be achieved through regulatory or technical architecture.”

The person in charge said the goal is to influence mid- to long-term policies

BlockBeats once reported that on September 7, the U.S. Department of the Treasury and the Internal Revenue Service proposed regulations on cryptocurrency brokers. On September 21, the Wall Street Journal reported that crypto industry executives are still eager for growth. However, the US market is now no longer in the plans.

The launch of the Policy Lab is expected to fill the gap in cryptocurrency regulation. Rodrigo Seira, co-director of the Policy Lab, said in an interview with The Block, The core goal of the lab is to influence medium- and long-term policies.

Related Reading:Paradigm launches Policy Lab in move to advance crypto advocacy》

In a blog post, Seira and Brendan Malone wrote: Over the past year, Paradigm has established itself as a policy leader, from fighting for cryptocurrencies in court, to convening opinion leaders, to publishing... Policy-centered research, all-encompassing.”

Paradigm has focused heavily on regulation over the past year

BlockBeats once reported that in October 2022, Paradigm submitted a court advisory brief in support of Ooki DAO. On April 25 this year, Rodrigo, Paradigm’s legal head, stated that in order to avoid the SEC defining stablecoins as securities, an amicus brief was submitted in the Terra case.

In May, Paradigm filed an amicus brief in support of Coinbase’s lawsuit against the SEC (U.S. Securities and Exchange Commission). On July 11, Paradigm submitted another amicus brief in the SEC’s case against the bankrupt cryptocurrency trading platform Bittrex. In these statements, Paradigm expressed its views on the SEC’s responsibilities in the field of encryption.

In addition to actively expressing support for encryption in court cases, Paradigm also frequently publishes articles on social platforms and official websites in hopes of promoting the establishment of regulations suitable for the encryption field.

On April 22 this year, Paradigm stated that the current SEC regulatory framework is not suitable for the cryptocurrency market. In June, Paradigm published an article commenting on the U.S. Securities and Exchange Commission’s (SEC) redefinition of “trading platform,” stating that “the SEC’s proposed rulemaking goes far beyond the SEC’s statutory jurisdiction and violates the Administrative Procedure Act and should be Withdraw immediately.

On July 27, Paradigm released a stablecoin policy document on its official website, urging Congress to enact legislation on encrypted stablecoins as soon as possible.

This September, Paradigm has made more frequent vocal explorations in legal supervision. On September 2, Paradigm experienced a change in the head of the legal department, recruiting Alex Grieve, head of the policy team. A week later, Paradigm announced on its official websitepublish an articleDiscussing the impact of sanctions and scrutiny on blockchain infrastructure, OFAC should not require any blockchain base layer participant to review sanctioned addresses. On September 12, Paradigm announced that it would join forces with a16z crypto, Coinbase and others to develop clear and progressive cryptocurrency regulations in Texas.